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Amid poor investments, Allegheny County mulls taxes
County officials say inadequate contributions and weak investment performance left the pension plan short by $1.4 billion, with annual funding needs projected at $140 million to $150 million.
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Amid poor investments, Allegheny County mulls taxes
(The Center Square)—Allegheny County officials say they may ask taxpayers to help fill a $1.4 billion hole in its pension plan, but the plan’s own investment strategy has helped deepen its “looming insolvency,” according to an investigation by The Center…
·Pennsylvania, United States
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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