U.S. Public Pensions: Victims of Rosy Future Predictions?

Heard on the Street editor Spencer Jakab explains how overconfident economic predictions may have contributed to the current scenario where U.S. state and local pensions have less than 73% of the assets they need to fund future obligations.

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Om Podcasten

Your Money Briefing is your personal-finance and career checklist, with the news that affects your money and what you do with it. From spending and saving to investing and taxes, the Wall Street Journal’s finance reporters and experts break down complicated money questions every weekday to help you make better decisions about managing your money. Hosted by J.R. Whalen.