GoodWitch58
Beach Fanatic
Pension plans are not bankrupting states...
Why employee pensions aren't bankrupting states | McClatchy
this has some good information and some sources for more info.
Why employee pensions aren't bankrupting states | McClatchy
From state legislatures to Congress to tea party rallies, a vocal backlash is rising against what are perceived as too-generous retirement benefits for state and local government workers. However, that widespread perception doesn't match reality.
A close look at state and local pension plans across the nation, and a comparison of them to those in the private sector, reveals a more complicated story. However, the short answer is that there's simply no evidence that state pensions are the current burden to public finances that their critics claim.
Read more: http://www.mcclatchydc.com/2011/03/...ing.html#storylink=omni_popular#ixzz1G6gQmWTJ
this has some good information and some sources for more info.
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