---
title: "A Misalignment of Interests: The Politics of Pension Funding"
date: 2018-01-15T09:10:00-06:00
author: Tessa Sánchez
canonical_url: "https://www.lemonly.com/work/misalignment-interests-politics-pension-funding"
section: Work Item
---
[](https://www.lemonly.com/work)# [Hoover Institution](https://www.lemonly.com/work?client=hoover-institution) A Misalignment of Interests: The Politics of Pension Funding 

 [Video](https://www.lemonly.com/work?category=video)We worked with our friends at the Hoover Institution on a five-part video series about underfunded pension obligations. Learn about the series [here](https://www.policyed.org/pension-pursuit).

**PART 1**

The unfunded obligations of pensions systems sponsored by state and local governments continue to grow as a result of unrealistic assumptions about investment returns in pension funds. States that say they’re running balanced budgets are concealing growing debt that crowds out much needed services and imposes higher taxes on current and future taxpayers.

[See Part 2 of the “Pension Pursuit” series here.](https://www.lemonly.com/work/kicking-can-concealing-budget-shortfalls-underfunding-pensions)

 

  

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