Budget and Pension Experts Highlight $400 Million Costs and State Credit Risks Associated with Pension-Slashing Legislation

Today (June 4, 2012) Gary Olson, former Senate Fiscal Agency Director and current Senior Policy Fellow at Public Sector Consultants, along with the Coalition for Secure Retirement (CSR), highlighted the massive potential costs and credit risks associated with the Senate passed version of school employee pension legislation, Senate Bill 1040, which is scheduled for a House vote as early as June 5.