Pension Guarantees for State Govt. Retirees?

A recent survey by the Center for Retirement Research at Boston College finds retirement benefits to state employees and retirees may not be as certain as some would think/argue. According to the researchers, many details can be legally challenged in favor of the state/employer since employment contract terms are often used generally as opposed to being clearly defined.

More info can be found here: http://www.benefitspro.com/2012/08/15/states-have-plenty-of-room-to-legally-alter-pensio?ref=hp

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