>

Pension Underfunding Maps… And A Fungus?


Thinking of taxes and state budget deficits?

UNDERFUNDED PENSIONS
Interative map on the NPR link below. Note that funding levels are affected by actuarial growth assumptions, with some states having fund growth rate assumptions that may be overly optimistic in light of the 3E realities.

Special caution states: Illinois and Kansas.

U.S. State Pension Funding Levels (February 18, 2010)
State pension funding levels vary dramatically in the U.S. Several states have pension plans with high levels of funding or even a surplus (levels over 100 percent), but many states have pensions that are extremely underfunded.
http://www.npr.org/templates/story/story…

A more updated article:

Mapping America’s Underfunded State Pension And Healthcare Liability Debacle (July 26, 2011)
Sourced from the IMF’s Article IV presentation which in turn sources the data from the Pew Center, the map shows that even despite the near doubling in the S&P since the March 2009 lows, there are still at least 9 states that have a minimum 35% underfunding in their pension and liability obligations.
http://www.zerohedge.com/news/mapping-am…

An updated chart below from the ZeroHedge.com site:


A FUNGUS AMONG US?
Lastly, I was thinking Oregon or the Pacific Northwest for all the excellent reasons mentioned before. However, I also saw this discussion forum topic on this site:

Deadly Airborne Fungus In Oregon Set To Spread (April 22, 2010, forum topic)
http://www.chrismartenson.com/forum/dead…

Here’s a CDC article:

Emergence Of Cryptococcus gattii – Pacific Northwest, 2004 – 2010 (July 23, 2010)
Among the 45 patients for whom outcome was known, nine (20%) died because of C. gattii infection and six (13%) died with C. gattiiinfection; two of the nine who died from C. gattii infection had no predisposing condition. In addition to human cases, 52 veterinary cases (among cats, dogs, ferrets, sheep, camelids, elk, horses, goats, and porpoises) were reported to CDC from California, Hawaii, Oregon, and Washington.”
http://www.cdc.gov/mmwr/preview/mmwrhtml…

Hmm….

Poet

22 Total Views 1 Views Today
Did you already share this? No? Share it now: