Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Affiliated Sites | All Access E-Edition | Home RSS

Pension pool problems

Massive unfunded liabilities loom in funds covering retired workers from Marquette, Ishpeming and Negaunee

February 13, 2014
ZACH JAY - Journal Ishpeming Bureau ( , The Mining Journal

ISHPEMING - The city of Ishpeming has more than $7.1 million in unfunded liability between its two pension funds for public employees, reflecting a growing controversy seen around the country - and perhaps best typified in bankrupt Detroit - of municipalities struggling to find ways to adequately fund their employees' retirements in the future.



I am looking for:
News, Blogs & Events Web