Monday, July 2, 2012

Executive Summary of the Study of the Wisconsin Retirement System

This just in.

Walker plans no changes to state retirement system, (Milwaukee Journal-Sentinel, 7/2/2012)

Excerpt: A report Monday gave Gov. Scott Walker and lawmakers this advice for keeping Wisconsin's $77 billion pension fund strong: Leave it alone. 

Immediately, Walker said he was taking that advice, which partly came from within his own administration. The report, approved by Walker's administration secretary, recommended against allowing a 401(k)-style retirement option to compete against the existing pension system serving hundreds of thousands of public employees and retirees.

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