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Risky Retirements: Len Gilroy on the High Stakes of Public Pension Debts

Risky Retirements: Len Gilroy on the High Stakes of Public Pension Debts

FromAmerican Potential


Risky Retirements: Len Gilroy on the High Stakes of Public Pension Debts

FromAmerican Potential

ratings:
Length:
42 minutes
Released:
Dec 14, 2023
Format:
Podcast episode

Description

This episode of "American Potential" features a crucial discussion with Len Gilroy, Vice President of Government Reform at Reason Foundation, focusing on the widespread mismanagement of public pension systems. Host Jeff Crank delves into the alarming reality of public pensions, highlighting the staggering $1.3 trillion in unfunded liabilities that have placed a significant burden on taxpayers. 
The conversation explores how poor strategic decisions in public pension management have led to this crisis, affecting not only the sustainability of these pension plans but also the financial well-being of the public. Gilroy offers his expert insight into the systemic flaws and risks inherent in the current pension frameworks, emphasizing the urgent need for reform and accountability to protect taxpayers from the escalating costs of these underfunded systems. 
This episode is a wake-up call to the realities of public pension mismanagement and its far-reaching consequences for taxpayers nationwide.
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Released:
Dec 14, 2023
Format:
Podcast episode

Titles in the series (100)

American Potential shares how individuals are taking action in their community to break barriers. While some of our guests may be public officials or influencers, many are ordinary Americans who decided, “enough is enough” and are stepping up in a big way. We share policy solutions to the most important challenges our country faces and talk to people who are doing something about it. Our hope is that when you hear about other people’s stories of success – and struggle – you will realize that you are capable of doing extraordinary things within your own community and know that you are not alone. Jeff Crank hosts the American Potential podcast. Jeff serves as a regional vice president at Americans for Prosperity, a political advocacy and accountability organization that helps pass policies to expand freedom and opportunity. He also hosts The Jeff Crank Show, which began in 2008, and is the president of his own real estate investment company. American Potential is a project of Americans for Prosperity. Americans for Prosperity, an advocacy and accountability organization that helps pass policies to expand freedom and opportunity.