Sentences with phrase «pension time bomb»

«Western European governments are close to bankruptcy because of the pension time bomb,» said Roy Stockell, head of asset management at Ernst & Young.

As was the case statewide and elsewhere, the pension time bomb was ticking; pension obligations would soon require more than 10 cents of every dollar CPS spent.

ALBANY — Gov. Cuomo vowed to defuse the state's pension time bomb yesterday as administration officials for the first time detailed sweeping plans to save billions on government retirements by...

The pension time bomb has been activated for a long time but it's now in the final countdown.

Not exact matches

Circling back to the mall / REIT ticking time - bomb, while the Fed can keep the stock market propped up as means of preventing an immediate nuclear melt - down in U.S. pensions (all of which are substantially «maxed - out» in their mandated equities allocation), the collapse of commercial mortgage - back securities (CMBS) will have the affect of launching a nuclear sub-missile directly into the side of the U.S. financial system.

Funding pension plans is a major expense — and a ticking time bomb.

The result is a demographic time bomb in a nation without a proper pension system and sparse state care for the elderly.

The findings, the think tank says, show that the «fiscal time bomb» often cited by pension hawks may no longer be an abstract concern.

Bloomberg also pointed to rising pension costs as a dire threat to the city's finances, warning it has a «ticking time bomb» on its hands.