In 2002, the state
pension debt burden per household was $ 7,600.
Not exact matches
Moody's pointed to four state budgets that have kept spending under a 2 percent year - over-year growth rate and a
pension system that helps mitigate high
debt burdens.
They need to find ways to deal with their heavy
debt service
burdens,
pension costs, and under - enrolled schools.
Similarly, New York is currently engaged in a controversial smoothing or «amortization» program to lessen the
pension burden on hard - pressed municipalities by letting them defer some
pension debt by up to 10 - to - 12 years.
State politicians created large
pension debts, and it's unfair to ask school districts, especially charter schools, to bear the budgetary
burden of those costs.