Comment on The Pension Crisis at Public Universities

The Pension Crisis at Public Universities

Tax Credits / Flickr The University of Illinois history professor Steve Hansen didn’t need an academic analysis to tell him his retirement income was at risk in a state struggling to narrow an estimated $111 billion shortfall in its public-employee pension fund. So, in 2012, at 63, Hansen quit his university job to lock in his benefits before they could be watered down.

 

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