Verification: 44a8787c550138ed

bus372 Week 3 Discussion 2

What are the political reasons public pensions are underfunded?

http://Get Plagiarism-Free and Quality Papers Without Overpaying at Homeworkmavens.com

http://Solution preview:

“States are responsible for creating and maintaining a pension fund, which they invest so that the moneygrows over time and can adequately support the demands of the individual pensioners as they retire. One of the problems with this system, however, is that when the market declines, the worth of the overall pension fund also declines, and there is a shortfall. When this happens, there is not enough money in the pension funds to cover the costs of paying out the pension monies. In such a case, the state borrows from other funds to cover the costs, going further into debt. This has caused a number of states to have underfunded pensions, or pensions that do not have enough money in them to pay what will be needed in the future” (Seaquist, G. 2015). In summary, pensions are underfunded because they are based on the market which rises and falls. When the market declines, there is not enough money to cover the costs of paying out pensions which forces the state to borrow money from other places.

i need help with my essay

Just in case you need an assignment done, hire us. Using our writing services will make your life easier because we deliver exceptional results. Use us to get an A!

We are the Best!

course-preview

275 words per page

You essay will be 275 words per page. Tell your writer how many words you need, or the pages.


12 pt Times New Roman

Unless otherwise stated, we use 12pt Arial/Times New Roman as the font for your paper.


Double line spacing

Your essay will have double spaced text. View our sample essays.


Any citation style

APA, MLA, Chicago/Turabian, Harvard, our writers are experts at formatting.


We Accept

Secure Payment
Image 3

Subjects We Cover