22% Of Pennsylvania Pensions In “Distress” Says Auditor
Posted on 09/22/2023
An investigation out of Pennsylvania Capital-Star revealed that 22% of state pensions are in distress. Per the newspaper: “Some 22% of Pennsylvania’s municipal pension plans statewide are in some form of financial distress, the state’s elected fiscal watchdog said Monday, warning local governments that they’re legally obligated to properly fund the accounts.” The article links to…