Public Pension Cuts, Once Unthinkable, Now On The Table (Investor's Business Daily)

Public Pension Cuts, Once Unthinkable, Now On The Table (Investor's Business Daily)

June 18, 2010, 7:17 pm

Until now, public pension reform meant offering cheaper benefits to new hires. Huge unfunded retirement liabilities owed to current workers have barely been touched. But this month, a Baltimore City Council panel unanimously voted to raise the retirement eligibility age for public safety workers who