Pension crisis is a global problem

Here’s a sampling of public pension-related stories from around the world (courtesy Charlie Fisk of CAAR)

GREECE NEWS: “Pension system feels the strain,” (_Kathimerini_
[Athens], August 30, 2006).
http://www.ekathimerini.com/4dcgi/_w_articles_politics_100010_30/08/2006_73645

JAMAICA NEWS: “Government of Jamaica owes billions to pension funds,”
by Ashford W. Meikle (_Jamaica Gleaner_ [Kingston], August 30, 2006).
http://www.jamaica-gleaner.com/gleaner/20060830/business/business1.html

NEW ZEALAND NEWS: “Is KiwiSaver our saviour?” by Gill Smith (_New
Zealand Herald_ [Auckland], August 27, 2006).
http://www.nzherald.co.nz/section/12/story.cfm?c_id=12&ObjectID=10398276

JAPAN NEWS: “Wives toiling part-time get pension boost,” (_Yomiuri
Shimbun_ [Tokyo], August 21, 2006).
http://www.yomiuri.co.jp/dy/national/20060821TDY01006.htm