U.S. Public Pensions Get a Grip on Future Costs
In the wake of the financial crisis, America’s state and local pension systems have taken major cost reduction initiatives.
Frances Denmark
April 15, 2013
A car passes in front of the New Jersey Statehouse in Trenton, New Jersey, U.S., on Tuesday, Jan. 11, 2011. New Jersey Governor Chris Christie said in his State of the State speech that he will strive to reduce the costs of government pensions, benefits and education as he seeks to balance the budget without raising taxes. Photographer: Emile Wamsteker/Bloomberg
Emile Wamsteker/Bloomberg
