The New York Times relayed an analysis of the pension fund clearly outlining the problem that the state is facing in reference to management of pension funds. Firstly, there are myriads of contradiction in the actual amounts of money drawn from the pension funds to fund other government projects.
Despite clarifying the above query and explaining that, the inconsistencies resulted due to other variables such as health care contributions, the pension department is receiving considerably little funds than usual. Secondly, there are deliberate efforts to mislead the public particularly by posting immediate investment gains when the markets were all right and consequent holdup in recording losses after market failures is typical of the state. This contradicts the procedures and protocols by respective regulatory bodies. The state faces increasing scrutiny from the entire country.