The Reforms That Public Pensions Really Need

2014-01-28T22:51:06-08:00January 21st, 2014|Categories: Pension Reform, Retirement|Tags: , |

A new report out of the Rockefeller Institute of Government paints the darkest picture of issues surrounding public-employee pensions I have ever read. But unlike so many reports brimming with dire warnings about pensions, Strengthening the Security of Public Sector Defined Benefit Plans isn’t anti-government-employee or anti-union and, as its title suggests, it isn’t yet another call for converting all defined benefit plans to defined contribution. Authors Donald Boyd and Peter Kiernan argue forcefully that public pensions are a societal value [...]