COVID-19 Takes State Pensions for a Ride
June 12, 2020
31 min
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3,470 of 4,836
June 12, 2020
COVID-19 Takes State Pensions for a Ride
0:00 / 31:50
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31:50This episodeCOVID-19 Takes State Pensions for a Ride
Summary
State pensions typically rely on stock market returns to fund the benefits to retirees, and fall back on taxpayers when stocks are down. What about when taxpayers are also down, in a sense, because of a viral pandemic? AEI's Andrew Biggs comments.<hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>
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