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Searching for: researcher is "pew charitable trusts"

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Report finds Philadelphia’s pension and health care costs for public employees growing at unsupportable rates
"Philadelphia’s Quiet Crisis: The Rising Cost of Employee Benefits" published
Pew Charitable Trusts
23 Jan 2008 United States Surpluses and Deficits, Investment - General, Funding and Minimum Funding Requirement, Countries - US
A report released by The Pew Charitable Trusts and the Economy League of Greater Philadelphia finds Philadelphia’s pension and health care costs for city employees increasing at a much faster rate than the city’s revenue. The amount of money the city pays to cover pension obligations and health care benefits for current and retired city employees is projected to rise to more than $1 billion or roughly 28% of the city’s budget by 2012. This is an increase from 16% ($403 million) in 1998.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2008 or click here (this link will not work in all circumstances). For further information about Perspective click here.


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