Opposing views on public pensions at HC confab

Sep 15 2011

By Priyanka Dayal, The Worcester Telegram

Mr. Widmer said health care and pension benefits have grown to represent 20 percent of local budgets. Left unchecked, benefits will consume 30 percent of local budgets by 2020. The total unfunded liability for the state’s 100 local and regional pension systems is $12.9 billion, Mr. Widmer said. He warned against extending pension funding schedules.
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