
Pension reform efforts have been making headlines recently as state and local governments have been scrutinizing expenses to make ends meet in the recession. High-profile debates in Wisconsin, New Jersey and elsewhere in 2011 renewed attention on government employee retirement benefits and salaries. For several years, states and local governments have been adjusting their employee benefit plans to eliminate pensions.
American City & County covers pension reform news as it relates to states and local governments in the United States.
The reason it is solid is due to massive layoffs, benefits reductions, and frozen wages. Cities are using part-time help to make ends meet...
on Feb. 13, 2012