Assignment

Question 1

After reading the on-line story about public pension underfunding in Kentucky, discuss the following issues.   Why did this problem occur?  What can be done to fix the problem?

Answer:

There is a shortfall in the funds of pension which is more than USD 23 for retired employees of state in Kentucky.

There are various factors due to which the problem of shortfall has arisen, which includes the loses in the stock market in recent years which have added USD 1 billion more to the shortfall due to the predicted results over investments didn't turn out to be true, according to the report ...