Archive for the ‘Failed Pension Plans’ Category

Alabama Town’s Failed Pension Is a Warning

Published: Thursday, 23 Dec 2010 | 4:39 AM ET By: Michael Cooper and Mary Williams Walsh The New York Times This struggling small city on the outskirts of Mobile was warned for years that if it did nothing, its pension fund would run out of money by 2009. Right on schedule, its fund ran dry.

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January 21, 2011 · Jennifer · No Comments
Tags: , , , ,  · Posted in: Failed Pension Plans, FINANCIAL EDUCATION 101, NEW YORK TIMES