Includes “… The various news items being published on this study have focused on the failing pensions (i.e., New Jersey) … But they did look at the very-much-not-failing pensions of Wisconsin. … Given that Wisconsin explicitly counts on employee contributions, they can’t make the usual dodge of thinking '30 years amortization is just fine because government is long-term' — if you’re dependent on the employee to pay down the shortfall, then you need to consider how many years those employees will be around to contribute. …”