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The hidden costs of state workers early retirement

OpenMarket.org
by Trey Kovacs

03/23/11

Governor Scott Walker of Wisconsin could not have foreseen how his Budget Reform Bill may backfire and contribute to larger pension liabilities. A structural issue that causes increased pension liabilities and deficits for states is early retirement of state and local employees. The Wall Street Journal article published today, 'Public Employees Rush to Retire,' plays it off as government savings and only a loss of expertise in state employees. This is not the case...

http://tinyurl.com/4bpgpgr

Informant: Thomas L. Knapp

http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wisconsin
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Scott+Walker
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=workers
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=retirement
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Trey+Kovacs
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Starmail - 24. Mär, 08:44

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