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Initiative would tie government spending to pension funding
A proposed ballot measure would effectively bar state and local governments from increasing spending across the board until its employee pension systems are adequately funded.
Bill dumping judge’s pensions to get 1st hearing
A plan championed by Arizona House Speaker Andy Tobin that would eliminate pensions for new elected officials and judges and replace them with 401(k) style retirement plans is set for its first hearing in the Arizona House Tuesday.
Report: Arizona’s unfunded public pension liability carries risks
Arizona risks higher taxes and spending cuts to essential government programs if it doesn’t address a gap in funding for pensions owed to public employees, according to a reportby the Pew Center on the States and the Laura and John Arnold Foundation.
