"Hundreds of thousands of state and local government employees in Ohio could face additional cuts in their retirement and health-care benefits under a long-awaited consultant's report unveiled yesterday. In part because the legislature has dawdled in approving plans to revamp the retirement systems, Ohio's five public-employee pension funds need further trims on top of reductions contained in a series of bills passed by the Senate in May. State law requires each system to have a funding setup designed to meet all financial obligations within 30 years."  MORE >>