TITLE

Milwaukee County Exploring Borrowing Ideas to Cover Pension Liabilities

AUTHOR(S)
Shields, Yvette
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/22/2006, Vol. 356 Issue 32408, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports Milwaukee County, Wisconsin is soliciting for pension borrowing ideas from investment banks to address the $455 million unfunded pension liability that will require a $59 million contribution in the fiscal 2007 budget. According to the article, the county has an existing budget deficit of $90 million. It adds that the county's pension has increased to $100 million in unfunded liability.
ACCESSION #
21349935

 

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