In These Times Reports “The Truth Behind The Public Pensions’ Funding Gap”

"Why should public workers’ pension benefits be reduced to resolve the funding gap when they aren’t the fundamental cause of it in the first place? Why not make those who created the pension funding gap pay—the hedge funds, banks, insurance companies, and other financial institutions that were responsible for the massive investment losses and the pension fund managers who negligently risked workers’ pensions? Or the politicians who let them?"