Undermining state pensions is short-sighted

Commentary | March 14, 2012 | By John Burbank | Everett Herald

Corporate employers are reducing pension contributions, closing down pension plans, and shifting to deferred compensation, which puts all the cost and burden of retirement on the employees. It's part of a pattern of disinvesting from workers and their families, channeling more money into profits, outsourcing jobs, and boosting executive pay. But when Washington state employs people, citizens rightly expect it to model better employment practices than that.

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Posted in Column, Retirement Security