Wisconsin pension funding for teachers falls $10.9 billion short, report says

This problem is not limited to Wisconsin. This supports not only the continuation of infinite QE policies but also more cutbacks for public employees.

Wisconsin's statewide pension system for public employees may not be as well-funded as the state reports, with a new study estimating it could be as much as $10.9 billion short in meeting its obligations just to teachers.

While the state estimates that the Wisconsin Retirement System is nearly 100% funded, the report by the conservative Manhattan Institute and Foundation for Educational Choice warns that the amount could be far less.

Source: http://jsonline.com