When investments in the pension funds don’t perform at the level required for adequate funding, the taxpayers are forced to make up the difference.
Is anybody making up for your 401K losses?
This is 1 of 5 state pensions funds, all have dismal returns. Pensions reforms are being debated, but it is not likely the citizens will ever be free of liability.
Complete story: http://www.dailyherald.com/article/20130313/news/703139937/?interstitial=1