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Legal Constraints on Changes in State and Local Pensions (PDF)
Center for State & Local Government Excellence Link to more items from this source
Aug. 5, 2012

"Key findings: Most states are legally constrained from reducing future benefits for current workers. These constraints make it difficult to adjust to changing conditions and to share the burdens of reform fairly between new and current participants. The legal boundaries for pension benefits are typically defined under a contracts-based approach rather than a constitutional provision."

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