They’re concerned about what kind of hot water you’re in and whether you’re going to come to them with a bailout.
Jeannine Markoe Raymond, of the National Association of State Retirement Administrators, on why Congress is considering legislation that would govern how states and localities calculate their unfunded pension liabilities.
Jeannine Markoe Raymond, of the National Association of State Retirement Administrators, on why Congress is considering legislation that would govern how states and localities calculate their unfunded pension liabilities.