Puerto Rico oversight board reaches deal over retiree pensions
Puerto Rico’s federally
created financial oversight board said on Wednesday it reached a
deal to restructure more than $50 billion in unfunded pension
liabilities that includes cuts for some of the bankrupt U.S.
commonwealth’s retired government workers.
created financial oversight board said on Wednesday it reached a
deal to restructure more than $50 billion in unfunded pension
liabilities that includes cuts for some of the bankrupt U.S.
commonwealth’s retired government workers.
Posted by Reuters