Stories >> Political
Andrew Biggs: Pension Reform Doesn't Mean Higher Taxes
It’s a myth that closing a defined-benefit plan to new hires generates big ‘transition costs. The Pennsylvania State House held a hearing on Tuesday about reforms that would shore up the state’s public-employee pension program. The hearing was overdue. Annual required contributions to the state’s defined-benefit plan have soared to more than
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Posted: March 25, 2015 Wednesday 07:05 PM