Publicly-Funded Pensions Facing Some Difficult Times

Summary

---

Very few of my friends in their 40s talk about their impending retirements, but every last one of them works for government, be it local, state or federal. That's because they can collect plush pensions at tender ages that other workers can only dream about. Health coverage is often part of the bargain.

When it comes to retirement benefits in the United States, workers in the private sector live in America. Workers in government live in Europe.

See the full content of this document

Extract

---

Publicly-Funded Pensions Facing Some Difficult Times

But even in Europe, these lavish retirement deals are being reconsidered, as their costs threaten the solvency of governments. Famous for its young pensioners, France i...

See the full content of this document

---