Another Problem: Pensions

Probably not a shocker with stocks and real estate in bear markets.
I'd imagine that it's a problem in government pensions, too.

Public pension funds' rosy forecasts a problem. Pension funds have been hit hard by the stock market crash, losing about a third of their value in some cases, and there may be another problem. Before the crash, some financial experts warned that pension funds were making overly optimistic projections of investment earnings in the decades ahead, often assuming about 8 percent a year.

(That wasn't hard to find...)