Munnell, Alicia H.; Aubry, Jean-Pierre; Belbase, Anek; … - Center for Retirement Research (CRR), Boston College - 2013
States have begun to respond to their pension challenge by enacting a mix of revenue increases and benefit cuts. These changes will, over time, improve the financial outlook for plans and help ease their impact on other budget priorities. But, to date, the specific nature and magnitude of these...