In Puerto Rico, pensions' decline pits retirees against lenders

The U.S. territory is doing all it can to present itself as a reliable place to invest, but resolving the pensions issue will require a careful balance.Benefit structures are widely seen as unsustainable, but draconian cuts to pensioners could deepen the population's reliance on government subsidies and compound rampant emigration."Many of our retirees are already under the poverty line," Puerto Rico Governor Ricardo Rossello told Reuters in an interview this past week, saying any pension cuts w