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Archive for March 8th, 2011

Veronique de Rugy on the State Pension Time Bomb

Tuesday March 8th, 2011   •   Posted by Emily Skarbek at 10:29am PST   •   0 Comments

Over at Reason Magazine, Veronique de Rugy illuminates the State Pension problem by drawing attention to the differences in accounting rules applied by the market and the government. As de Rugy notes, states are not required to pony up regular contributions to pension systems and they systematically underestimate the liabilities in pension funds. State…
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