Illustration by Steven Fromtling
THE
PUBLIC PENSION PROBLEM From Wisconsin to California, budget hawks fear out-of-control unfunded pension promises. Employees fear they are being forced to pay for profligate legislators’ mistakes. What should policy be for employees looking to devote their careers to public service? Excerpt from “The True Cost of Public Pensions: Reform or Bust?,” January 25, 2011. Jon Coupal President, Howard Jarvis Taxpayers Association joe nation Lecturer, Stanford Institute for Economic Policy Research roxanne sanchez President, Service Employees International Union Local 1021 daniel borenstein Columnist and Editorial Writer, Contra Costa Times and Oakland Tribune – Moderator 14
THE COMMO N WE AL TH
ap ril/may 2011