Good News: State Pension Funding is at a 13 Year High!

Background Most states and local governments have chosen to pay their employees less than market salaries and higher than market fringe benefits since the WW II era. The Republican focus on reducing the size, pay and power of government has increased significantly in the post-Reagan era. Grover Norquist summarized this in 2001: “I don’t want … Continue reading Good News: State Pension Funding is at a 13 Year High!