I’m working on a management question and need guidance to help me understand better.
After reading the Dorfman article, “Public Pensions are Still Marching to Their Death (Links to an external site.)”, respond to the following questions:
- What are the political reasons public pensions are underfunded?
- If the pension problem is political, what steps would have to occur to remedy the problem? Do you think such a remedy will ever take place?
- If you do not see a remedy for the situation, what do you predict will happen to public pensions in the future?