So, between 2001 and 2009, Atlanta's unfunded pension obligations grew from $321 million to $1.484 billion.
On its own, NATO approved a missile defense program and sounded very firm on some of Russia's ignored obligations growing out of its 2008 invasion of Georgia.
The report details year-by-year how the pension obligations grew and how the Board of Administration allowed the unfunded liabilities to grow unchecked.
As their userbase grows their royalties obligation grow proportionally which is why in spite of doubling their revenue from 2009 to 2010 which is a notable accomplishment for a company with revenue of their size, they are not moving to clear profitability.
The task list is long, obligation grows larger every year and for religious folk the balance between sacred and secular is an ongoing challenge.
Moreover, Italy's government debt is five times the size of Greece's, and concerns about Italy's ability to meet its obligations could grow if Greece defaults.
Governments that allow retiree health care obligations to grow open-ended, without setting aside any money for them, will probably find their credit ratings being downgraded.
This does not reduce the P.B.G.C.'s deficit, but it reduces its exposure, because the companies might otherwise let their pension funds languish as they reduce their work forces, a time when pension obligations often grow.
Kaiser wants his foundation's obligations to grow: "In the charitable world as in the business world, opportunities should drive budgets, not the other way around".
