Sentences with phrase «huge pension liability»

Indeed, as the chart below shows, Stockton's payments to Calpers are set to soar in the next decade, thanks to Stockton's huge pension liabilities.

Not exact matches

Conversion specifics will vary by state; obviously, those with huge unfunded liabilities will have a tougher time finding an elegant solution to converting past pension obligations for teachers nearing vesting milestones.

However, I'd be none too surprised if any eventual distribution strategy / announcement is accompanied by some huge pension deficit concession to the unions (despite AERL's repeated denials of any legal liability).