Headline: Public pensions matter — just ask Michigan and West Virginia
Publication: The Hill
Article Date: Apr 10, 2017
Article Commentary by Mark Nanzer, RESDC Executive Director:
This article provides a quick history lesson to local public agencies considering closing their pension plans and going to a 401(k)-style defined contribution plan. In a nutshell, costs increased dramatically, and a secure retirement for employees nose-dived! Read article…