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NASRA Response to the Reason Foundation Study, 'The Gathering Pension Storm' (PDF)
National Association of State Retirement Administrators [NASRA] 
[Opinion] Jan. 18, 2006
26 pages. Excerpt: NASRA believes the Reason study makes its case by 1) distorting the true financial condition of public pensions in general; 2) mistakenly extrapolating a handful of public pension problems onto the entire public pension community; 3) failing to consider the many negative consequences that would result from terminating DB plans; and 4) advancing arguments that reflect an incomplete understanding of public pension issues.
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