US pension schemes face sustainability challenge, says watchdog

6 Mar 12
US state and local government pension plans will face a tough struggle to meet their obligations in the long term as budgetary pressures increase, the US Government Accountability Office has said.

By Nick Mann | 6 March 2012

US state and local government pension plans will face a tough struggle to meet their obligations in the long term as budgetary pressures increase, the US Government Accountability Office has said.

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