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Pension Obligations Shortchanging States' Future Prosperity: State Net, March 21, 2011

Public employees are under the microscope as states struggle for the third consecutive year to balance budgets with below-normal revenues during a weak and slow economic recovery. Wisconsin, it turns out, was a sign of the times. When Wisconsin Governor Scott Walker (R) and his GOP legislative majority...

State Net: Brown Pitches Major CA Pension Overhaul

California Gov. Jerry Brown (D) has proposed a 12-point plan to reform public employee pensions in the Golden State. Brown says he wants to put his proposal before voters in November 2012. The linchpin of Brown's plan would involve moving future workers from a defined benefit plan enjoyed by...