“Public pensions nationwide are crumbling. Legal loopholes are widening. If you don’t take action to protect yourself and your loved ones, you could be left with nothing…. this is not a hypothetical.
In 2001, the vast majority of pensions were fully funded. Generally speaking, “well-funded” means above 80%. But 50% funding or less is considered the “crisis point.” It’s extremely difficult to come back from 50% or less.
According to a new report from The Pew Charitable Trusts – an independent research organization – pensions in Colorado, Connecticut, Illinois, Kentucky, and New Jersey are less than 50% funded. In fact, New Jersey sits at the bottom of the list… its pension is only 31% funded.
If you’re one of the tens of millions of affected Americans, you should know… you have zero control over what happens.
But there is a solution…. You can move money from your pension…. This gives you total control of your money.” -David Eifrig
