Calpers’ $139 Billion Pension Shortfall Might Actually Be As High As $500 Billion – Even $1 Trillion!

Calpers, the nation’s largest pension fund, recently reported a $139 billion shortfall – but is the actual shortfall more likely to be $500 billion to $1 trillion when we adjust their investment assumptions – that ignore how the Federal Reserve has changed the markets – for our current reality? If so, then there is an explosive increase in pension obligations – and taxpayer obligations – that greatly exceed what is being reported by the governments or in the media.

 Read the analysis by Daniel Amerman (danielamerman.com) here. The comments above have been paraphrased by  munKNEE.com (Your Key to Making Money!)  .

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