Reevaluating State Pension Plans

State senators on the lam, massive deficits, rowdy protests and a highly publicized gubernatorial prank call — it’s a heady time for Cheeseheads. But the Midwest isn’t the only region grappling with public pension plan reform. The bipartisan Little Hoover Commission has released a report warning that California’s pension costs are on track to “crush” government. We check in with policy makers about how the legislature might negotiate the rising costs associated with worker benefits — and what that negotiation means for collective bargaining rights.