Greater Hartford, CT|News|
What is a Pension?
This short and sweet video explains the functions of a pension.

Truth in Accounting is a Chicago-based think tank, dedicated to educating and empowering citizens with understandable, truthful, and transparent government financial information.
Founded in 2002, Truth in Accounting believes truthful accounting is the key for citizens, legislators, and the press to clearly understand the truth about government finances. To be knowledgeable participants in their governments' financial decisions, citizens need accurate and complete financial information. Our work has focused on encouraging public entities to produce financial reports that are comprehensive, clear, and transparent; and informing the public of the importance of truthful accounting.
This short and sweet video explains the functions of a pension.

This short and sweet video explains the functions of a pension.
A new analysis of North Carolina's finances found each state taxpayer would have to pay -$8,100 to erase the state's debt.
A new analysis of North Carolina's finances found each state taxpayer would have to pay -$8,100 to erase the state's debt.
A new analysis of South Carolina’s finances found each state taxpayer would have to pay -$18,100 to erase the state’s debt.
A new analysis of California’s finances found each state taxpayer would have to pay -$22,000 to erase the state’s debt.
A new analysis of California’s finances found each state taxpayer would have to pay -$22,000 to erase the state’s debt.
A new analysis of California's finances found each state taxpayer would have to pay -$22,000 to erase the state’s debt.”
A new analysis of Colorado's finances found each state taxpayer would have to contribute $9,800 to erase the state's debt.
Each taxpayer in Illinois would have to cut a check for $50,800 for the state to erase its $216 billion shortfall.
Kentucky's taxpayers would need to contribute $39,200 each to get the commonwealth out of debt.
Each Minnesota taxpayer would have to pitch in $4,700 for the state to pay all of its bills.
Each Minnesota taxpayer would have to pitch in $4,700 if the state were to pay all of its bills.
Each New York taxpayer would have to pitch in $21,500 for the state to pay all of its bills.
Each New York taxpayer would have to pitch in $21,500 for the state to pay all of its bills.
Each New York taxpayer would have to pitch in $21,500 for the state to pay all of its bills.
Each Minnesota taxpayer would have to pitch in $4,700 if the state wanted to pay all of its bills.
Each Minnesota taxpayer would have to pitch in $4,700 if the state wanted to pay all of its bills.
Each Minnesota taxpayer would have to pitch in $4,700 if the state wanted to pay all of its bills.
Kentucky's taxpayers would need to contribute $39,200 each to get the commonwealth out of debt.