![Montana’s Public Employee Pension Problem Worsens](http://townsquare.media/site/119/files/2011/10/300-pension-plan-state-private.jpg?w=980&q=75)
Montana’s Public Employee Pension Problem Worsens
A new report says the Montana public employee pension system's projected shortfall is growing larger.
Analysts hired by the Montana Public Employees Retirement Administration say past market losses and other factors remain a drag on the system.
The annual look at the pension system shows that the projected shortfall, known as the unfunded liability, has grown about 20 percent over the past year to $1.6 billion.
The analysts found that investments fared well over the past year, growing about 19 percent. But that wasn't enough to make up for past losses that are factored in over time, along with other issues.
A recent report on the other large pension system that covers teachers found its shortfall also went up significantly, for many of the same reasons.
Associated Press
More From Newstalk KGVO 1290 AM & 98.3 FM
![Montana Air Quality Takes a Turn for the Worse](http://townsquare.media/site/119/files/2024/07/attachment-MissoulaSmoke716.jpg?w=980&q=75)
![Mayor Davis attending second Bloomberg program on leadership](http://townsquare.media/site/119/files/2024/07/attachment-attachment-homeless-3-davis.jpg?w=980&q=75)
![UPDATE: Miller Peak Fire Near Missoula Grows to 1,700 Acres](http://townsquare.media/site/119/files/2024/07/attachment-MillerPeakFire-714-EDIT.jpg?w=980&q=75)
![Court Victory for Montana Students With Special Needs](http://townsquare.media/site/119/files/2024/07/attachment-RS47253_GettyImages-494312894-scr-2.jpg?w=980&q=75)
![Stay Cool Missoula: Tips From Disaster Services Director](http://townsquare.media/site/119/files/2024/07/attachment-RS27921_GettyImages-1011404062-scr.jpg?w=980&q=75)
![Knife-Wielding Woman Arrested in Missoula After Altercation](http://townsquare.media/site/119/files/2024/07/attachment-featured-image-2024-07-15T122519.061.jpg?w=980&q=75)
![Montana Gas Prices Continue to Rise, More Increases Are Expected](http://townsquare.media/site/119/files/2024/04/attachment-RS48332_GettyImages-178371765-scr.jpg?w=980&q=75)
![Saving Money on Energy Bills During Missoula’s Summer Heatwave](http://townsquare.media/site/119/files/2024/07/attachment-RS20739_GettyImages-488874060-scr.jpg?w=980&q=75)
![Missoula Asks for Help to Save Drought Stressed Boulevard Trees](http://townsquare.media/site/119/files/2024/07/attachment-Drought-Stredded-Trees-3.jpg?w=980&q=75)