Excerpt: "This information brief discusses funding principles for Minnesota public pension plans. A table at the end shows the funding status of the major Minnesota public pension plans."
This is a straightforward brief on "the eligibility requirements and the method of calculating retirement benefits for Minnesota public employee pension plans."
American Legislative Exchange Council - Public Pension Modernization
Excerpt: "Many of the reasons for defined contribution plans' popularity in the private sector are the same reasons such plans would be beneficial in the government employment sector. From portability, vesting, earnings, and self-determination perspectives, defined contribution plans are ultimately better for the employee. But these plans also benefit the taxpayer as "employer" of government workers."
American Legislative Exchange Council - Bringing Pensions into the 21st Century: How to Modernize Public Pensions
Excerpt: "Facing labor shortages created by a graying workforce, state and local governments are asking themselves how to entice younger, more mobile employees to public service... One answer to this question is to modernize public retirement plans by offering workers a choice between traditional defined benefit (DB) pension plans and modern, fully portable defined contribution (DC) pension plans."
American Legislative Exchange Council - Pension Reform in Florida: A Case Study
American Legislative Exchange Council - Pension Reform in Montana: A Case Study