Seven states - Illinois, Connecticut, Indiana, New Jersey, Hawaii, Louisiana and Oklahoma - will...

|By:, SA News Editor

Seven states - Illinois, Connecticut, Indiana, New Jersey, Hawaii, Louisiana and Oklahoma - will run out of money to pay public pensions by 2020. That hasn’t stopped them from hiring new employees. While the private sector has only recently begun hiring more than firing, there's barely been a whiff of recession in the public sector.