Source: McClatchy Newspaper

A close look at state and local pension plans across the nation, and a comparison of them to those in the private sector, reveals a more complicated story. However, the short answer is that there’s simply no evidence that state pensions are the current burden to public finances that their critics claim.

Read more: http://www.mcclatchydc.com/2011/03/06/109649/why-employee-pensions-arent-bankrupting.html#ixzz1GiIWAQq7

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