On webpage titled “Fighting Back on Retirement Benefits,” includes “Is state spending for pensions soaring? Pensions are one of the smallest percentages of state spending – and increases for pensions have been slower than the overall increase in state spending. … Are pension costs “squeezing out” other services at the local and state level? No. Over the long term pension costs have not increased dramatically as a percentage of budgets for the majority of public agencies. …”
Read the full article on: California Association of Professional Scientists