State governments' retiree pension and health plans are severely underfunded, according to aew report from the Pew Center on States.
CSUN Universityews Clippings. California, other states face problem of growing pension liabilities. (February 18, 2010). By Marc Lifsher. 9:00 PM PST, February 17, 2010. Reporting from Sacramento. California has plenty of company when it comes toot being able to pay its growing public pension costs, a Washington think tank says in a report to be released Thursday. Coming up with the money to pay for future obligations is expected to burden state and local governments
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