What are the political reasons public pensions are underfunded?

Analyze the pension obligations, employees covered and future outlook of the fund.
August 18, 2019
Briefly discuss this program and its implementation in light of ERISA and HIPAA provisions.
August 18, 2019

What are the political reasons public pensions are underfunded?

Question Description

After reading the Dorfman article, “Public Pensions are Still Marching to Their Death (Links to an external site.)Links to an external site.”, respond to the following questions:

  • What are the political reasons public pensions are underfunded?
  • If the pension problem is political, what steps would have to occur to remedy the problem? Do you think such a remedy will ever take place?
  • If you do not see a remedy for the situation, what do you predict will happen to public pensions in the future