Nationwide, state governments have promised public employees--judges, police officers, firefighters and others--trillions of dollars in retirement benefits. The problem in many states, however, is that the money to pay those obligations doesn't exist! Can promises made be promises kept? WPSU's Patty Satalia talks with Ron Gebhardtsbauer, who heads up the Actuarial Science program in Penn State's Smeal College of Business, about Pennsylvania's state pension problem.
Stories: State Pension Problem
By PATTY SATALIA • January 21, 2011