Thursday , 27 October 2016

Calpers’ $139 Billion Pension Shortfall Might Actually Be As High As $500 Billion – Even $1 Trillion!

Calpers, the nation’s largest pension fund, recently reported a $139 billion shortfall – but is the pensionactual shortfall more likely to be $500 billion to $1 trillion when we adjust their investment assumptions – that ignore how the Federal Reserve has changed the markets – for our current reality? If so, then there is an explosive increase in pension obligations – and taxpayer obligations – that greatly exceed what is being reported by the governments or in the media.

 Read the analysis by Daniel Amerman ( here. The comments above have been paraphrased by (Your Key to Making Money!)  .

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