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Legal Constraints on State Pension Cuts Open to Debate, Research Shows
Pensions & Investments Link to more items from this source
Aug. 7, 2012

"Budget-strapped states are hampered in their efforts to trim pension benefits for current workers by a 'morass' of legal provisions that wind up putting most of the burden on new employees ... [M]ost states could change future benefits for current workers, although it would require legislative action and court rulings and would be 'extremely difficult' in many states. Only three states -- Alaska, Illinois and New York -- are limited by their constitutions from reducing benefits for current employees."

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