United States: Public Pension Fight: Unions Win, Budget Woes Remain
Michael Sweet was quoted in the Investor’s Business Daily article “Public Pension Fight: Unions Win, Budget Woes Remain.” Full text can be found in the March 9, 2015, issue, but a synopsis is below.
Is public pension reform dead? Defined benefits for public sector workers, which make up a large and growing portion of many stretched municipal budgets, have been on full display in many recent high-profile cases.
In Detroit bondholders accepted large cuts while most […]