The Center of the California Enterprise Zone Information Universe

LAO: Disparity Between Public and Private Retirement Benefits Cannot be Sustained

The LAO has a new presentation addressing some of the systemic problems that exist in the current public-employee pension system. Here is a video of Jason Sisney explaining their recommendations:

The LAO suggests that the Legislature has a lot of power to enact meaningful reforms. A key quote from the presentation:

A key question that we think needs to be asked is this: Can the substantial disparity between public- and private-sector retirement benefits be sustained much longer? We think that it probably cannot.

Here is a link to the LAO slide presentation.

Leave a Reply

You must be logged in to post a comment.

Follow maxshenker on Twitter

Receive By Email

Enter your email address and receive the EZ Policy Blog by email.