Pension

Budget
5:09 pm
Thu January 17, 2013

Charlotte Ranks Third In Nation For Funding Pensions

Charlotte ranks third in the nation for the funding of its pension system of the nation's 61 most populous cities, according to a new Pew report.
Credit Briana Duggan

Charlotte is ranked third in the nation for paying its bills on time. Not just any bills – pension bills. That's according to a new report by The Pew Charitable Trusts. They found that the country's largest cities have an unpaid tab of more than $200 billion when it comes to retirement benefits promised to employees. And it turns out Charlotte has been preparing for retirement relatively well when it comes to pension plans.  

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