On the Right Track? Public Pension Reforms in the Wake of the Financial Crisis

Source: Nari Rhee and Diane Oakley, National Institute on Retirement Security, Issue Brief, December 2012

From the summary:
New research examines key factors that have contributed to private and public employers’ pension decisions. It finds that closing a pension can cost substantially more than adjusting an existing plan. And, scaling back pensions can have destabilizing economic impacts, erode retirement security, and harm the workforce.
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Press release

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