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US pension plans warned they will run out of money by 2028 

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Mon, 01 Jun 20 10:12 AM | 21 view(s)
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May 31, 2020

US pension plans warned they will run out of money by 2028

by Chris Flood
Financial Times


The weak financial condition of seven US public pension plans threatens to deplete their assets by 2028, leading to severe risks for the living standards of thousands of American employees and retired workers. Many US public pension plans had not fully recovered from the 2007/08 financial crisis before coronavirus struck, triggering turmoil across financial markets. The correction in the US stock market has increased the long-term structural problems across the entire US public pension system, particularly for the weakest funds.

http://finance.yahoo.com/m/a0e69e16-33ac-3d2b-9103-8d6ce37749cf/us-pension-plans-warned-they.html

The article continues, but I don't have access to it.








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