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The Public Pension Mess & COVID-19

Writer's picture: Tom CochranTom Cochran

As we all think about the coming tsunami of fiscal stress hitting the frostbelt, We can't forget that it is landing in many of our region's states on top of a serious structural problem of badly under-funded public pension systems. Dr. Raymond

Scheppach - former long-serving NGA Executive Director and Deputy Director of CBO, now serving as a Professor of Public Policy at UVA's Frank Batten School of Leadership and Public Policy - has just published an excellent overview of these compounding problems in The Conversation, a great platform with which I had been unfamiliar. But now that I am, here's a shout-out to Ray for bringing it to my and now all of our attention.


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