'No need to panic,' but state pension fund $24B short
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'No need to panic,' but state pension fund $24B short

Boston : MA : USA | Sep 26, 2012 at 9:06 PM PDT
Source: Boston Herald
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Updated 2 hours ago Text size  T he state's $50 billion pension fund has a massive $24 billion unfunded liability, but Treasurer Steve Grossman and a top retirement expert said there's no reason to panic. We knew that, because of the cataclysmic losses in 2008, this would occur, Grossman told the Herald,... FULL ARTICLE AT Boston Herald
 
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