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Actually, sustainability could likely be achieved by stabilizing pension debt. The Center’s most recent issue brief makes a strong case for shifting the focus of fiscal sustainability for state and local pension plans from full funding to stabilizing their pension debt as a share of the economy. While full funding is tidy in the sens…
New study examines whether gap for older homeowners due to low down payments or slower appreciation. Houses are very important. For most families, their house is the single largest asset outside the benefits promised from Social Security. The problem is that Black families are less likely to own homes and, when they do, they s…
