Pew Center On The States
HELENA — Montana’s pension plans are on an “unsustainable course,” and current contribution policies will never pay off their combined $4.3 billion in shortfalls, a researcher from the Pew Center on the States told legislators Tuesday.
HELENA – Montana faces a troubling situation with its public-employee pensions, with shortfalls totaling $3.9 billion, or $9,700 per household, a senior researcher for the Pew Center on the States told a legislative committee Tuesday.
CASPER, Wyo. -- Wyoming is not in the same boat as many other states that have failed to put aside enough money to pay their retirees.
HELENA — Montana’s management of its long-term state employees’ pensions is cause for “serious concern,” a new report by the Pew Center on the States says.
Ups and Downs gives a quick take on news of the week.
Montana had a “banner year,” ending June with $340 million in the bank and a 9.55 percent revenue growth over prior year, Gov. Brian Schweitzer said last week.
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