Robbing Peter – More municipalities betting on pension bonds to cover obligations

    By
    -
    Insider

    (From The Los Angeles Times) Struggling to pay employee pensions, local governments are increasingly borrowing money to cover their obligations — exploiting a loophole in federal law that allows…


    Already an INSIDER? .

    We are glad you enjoy reading Business Report.

    Continue reading this story and get ACCESS to all our content from any device with a subscription now.
    • Get access to more than a decade of story archives.
    • Get access to our searchable data center of TOP LISTS.
    • Get exclusive content only available to INSIDERS.

    RELATED ARTICLESMORE FROM AUTHOR