funding gap
Coverage of funding gap in the Nexus archive.
- Minnesota’s Paid Leave program is running short on funds — and your taxes could go up
Minnesota’s Paid Leave program faces a funding shortfall, with $598 million paid to 75,000 participants but only $344 million collected through a 0.88% wage tax. The Department of Employment and Economic Development (DEED) may raise the tax to 1.1% by 2027 to address the gap, sparking concerns from small businesses while others support the program’s benefits for employee retention.
- Former Ethereum Foundation leader warns of funding gap as governance shifts
A former Ethereum Foundation leader has warned of a potential funding gap as the project's governance structure undergoes changes, highlighting concerns about financial sustainability amid shifting leadership and decision-making processes.
- As retiree pensions shrank, Colorado PERA paid its staff millions of dollars in bonuses
In 2022, Colorado's PERA pension fund lost $9.8 billion, worsening its financial struggles, but its investment staff received large bonuses averaging $299,000. PERA officials defended the bonuses as necessary to retain talent and ensure strong investment returns, while critics highlighted the disparity between staff compensation and retirees' reduced benefits.
- Securitisation could help plug Europe’s funding gap
The article discusses how securitisation could address Europe's funding gap, emphasizing the need for deeper capital markets to drive continental growth.