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Saturday, February 12, 2011

Not a Sexy Topic But Pension Reform is Hot

Cities, counties and states are wrestling with pension reform but it has to be accomplished within current public employee laws.  Governor Brown has yet to explain his plan.  Leaders in New Jersey acknowledge "vested"  benefits granted to employees cannot be taken away.  In NJ they are discussing other options and agree public employees need to step up and agree to pay more. No one city can take the lead on pension reform without that city having serious consequences in its recruiting and retaining the best employees. Here's another point of view--

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