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Reuters columnist Mark Miller's recent piece, "Five things to consider before cutting pension benefits" is a clear look at the dangers of slashing public pensions.
In the article, Miller touches on several points that ACSS has presented to the Brown administration - namely that 401(k)s are a risky option for pensions. Gov. Brown's pension plan will likely rely on a "hybrid" scheme, forcing state employees to trust half of their retirement livelihood to a predatory, volatile market.
Read the piece and pass it along to as many family, friends, and coworkers as you can.
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