Pension Primer #6 – Less Bang for Pa.’s Buck: Governor‰’s Pension Proposal Would Force Taxpayers (and Employees) to Foot the Bill for Retirement Plans with High Fees, Low Returns

Stephen Herzenberg |

This pension primer compares the efficiency, or cost-effectiveness, of individual retirement accounts with the state’s current retirement plans. It finds that Governor Corbett’s plan forces taxpayers and employees to foot the bill for retirement plans that are much less cost-effective than the state’s current defined benefit pensions.