The Public Pension Funding Trap

By Andrew Biggs, The Wall Street Journal

State and local government pensions were national news during the recession, as unfunded liabilities rose into the trillions of dollars and overheated commentators predicted that rising pension costs could push governments into bankruptcy.

Public Pension Fight: Unions Win, Budget Woes Remain

By Andrea Riquier, Investor’s Business Daily

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, with mixed messages for the future of reform.

Pensions a middle-class crusher

By Stephen Moore, The Heritage Foundation

For “Outrageous Government Scam of 2014,” it’s hard to compete with the news of the supersized public employee pensions in California. If you haven’t already heard: In 2013, an assistant fire chief in Southern California collected a $983,319 pension. A police captain in Los Angeles received nearly $753,861.