The Texas Public Policy Foundation (TPPF)is a conservative think tank based in Austin,Texas.
Much more significant pension reform will be needed in order to retain solvency and keep the state’s pension systems above water.To significantly reduce the rising expenses of defined benefit pensions and ensure a more equitable public retirement system, the following steps should be taken:• Freeze the current defined benefit pension plans.A move from a defined benefit to a defined contribution pension.
don October 12, 2012
at 4:31pm
The Texas Public Policy Foundation (TPPF)is a conservative think tank based in Austin,Texas.
Much more significant pension reform will be needed in order to retain solvency and keep the state’s pension systems above water.To significantly reduce the rising expenses of defined benefit pensions and ensure a more equitable public retirement system, the following steps should be taken:• Freeze the current defined benefit pension plans.A move from a defined benefit to a defined contribution pension.