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How Reliant Are Older Americans on State and Local Government Pensions?
Michigan Retirement and Disability Research Center, Univ. of Michigan
Nov. 18, 2019 "[S]tate and local government workers are better prepared for retirement than others, in part because they are better educated, worked longer, and have had higher income than others. ... [C]utting their pensions by 50 percent could reduce the proportion who are adequately prepared for retirement by three or four percentage points[.]" MORE >> |
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