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Shining a light on the public pension crisis

AUGUST 10, 2016 | by Robert Fellner | REAL CLEAR POLICY

By Robert Fellner, includes "... To be clear, these employees did nothing wrong. They merely took advantage of the system offered to them.  But as Hanley suggests, taxpayers should be asking questions. In particular, why are government retirement systems paying out six-figure pensions to those still in the prime of their working career?  Harvard economist Edward Glaeser considers public pensions a "shrouded cost of government" because of their inherent complexity. ..."

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