TITLE

Well-Funded Pensions and OPEBs Are Ways to Score Points

AUTHOR(S)
Shields, Yvette
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/30/2006, Vol. 355 Issue 32350, Special section p53
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article provides an overview of the fiscal condition of Wisconsin. According to 2004 statistics, the state is capable of funding its pensions at nearly 100 percent. Wisconsin has used $700 million of the amount it borrowed in 2003 to eliminate its unfunded pension liability to the Wisconsin Retirement System. The state is paying 10.2 percent annually to fund pensions and 1.4 percent for sick leave.
ACCESSION #
20409237

 

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