Coral Gables is the same as California

April 27, 2010 Leave a comment

Propublica today refers to an article on pensions problem on a huge scale.

An editorial in The Wall Street Journal highlights a study that shows California’s taxpayers are potentially on the hook ($) for more than $500 billion in unfunded liabilities for the state’s biggest pension funds.

Actually, Coral Gables total pension liabilities are about the same on a per capita basis as California–so Coral Gables is a mini-California in its pension obligations.

Filed under Coral Gables, Finance

Unknown's avatarAbout Stephen E. McGaughey
Resident of the City of Coral Gables; Formerly with Inter-American Development Bank, Senior Environmental Project and Policy Leaders, Agricultural Economics, Forest Sector Projects and Policies, Country Representative Financing in El Salvador and the Dominican Republic

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