Stock market tumble could keep pension funds behind

The slide on Wall Street could damage public employee pension funds around the country, most of which haven’t even recovered from the Great Recession, and the burden could end up falling on taxpayers.
Stocks have been tumbling in the first weeks of 2016, with the Dow Jones industrial average and the S&P 500 down nearly 9 percent since the start of the year.
If there’s a quick rebound, the slump won’t make much difference. If the tumble continues, it could be bad news for pe