Pension Pulse: 'Sue Me' Over Pension Cuts?

Real Savings. “We're looking at a year of trying to make widespread and significant changes,” said Snell. “Some of these can provide real savings, if they can be done.” Some states may switch from plans that provide specific benefits to ... Colorado's cuts, which included higher participant contributions and an increased retirement age, were in the public interest after investment losses in 2008, said Gregory Smith, general counsel for the Public Employees' Retirement ...

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