Puerto Rico Pension Crisis

February 1, 2013 - 1:31 PM
A retiree carries a sign that reads in Spanish “Do not play with my pension” during a protest outside the government pension headquarters in San Juan, Puerto Rico, Wednesday, Jan. 30, 2013. Puerto Rico is confronting what economists and financial analysts say is a ticking fiscal time bomb: A public pension system with a $37.3 billion unfunded liability that must be addressed soon, at a time when the U.S. island territory's government has little money to spare, or thousands of retirees could start to see benefit cuts. (AP Photo/Ricardo Arduengo)