Monday,  March 24, 2014 • Vol. 16--No. 251 • 6 of 28

Upholding Obligations To South Dakota's Pension Fund
 A column by Gov. Dennis Daugaard:

  Nebraska's well-known and successful investor, Warren Buffett, mentioned public pension obligations in his annual letter to Berkshire Hathaway shareholders: 
 "Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford. Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises

(Continued on page 7)

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