15 March 2011

Republicans' Next Move: Get Rid of Pensions Altogether

Some states, like Wisconsin, are asking state employees to contribute more to their pension plans, but others are just scrapping them.

Robert Hiltonsmith | March 11, 2011

The battle over public-sector unions is, at least in part, a battle over benefits: From Wisconsin to New Jersey, public-sector unions are among the last employees who can expect to retire with defined pension plans. Wisconsin, where a political showdown just resulted in reduced bargaining rights for public employees, is expected to release new estimates on state pensions next week, according to The New York Times. The state will likely ask employees to contribute more money to their plans and make other concessions.

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