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Arizona panel recommends pension alternative for state
A committee that studied funding issues with Arizona's pension system for public employees is recommending that current and former workers be allowed to move into a 401(k)-style plan as an optional alternative to fixed-benefit pensions.
Brewer signs bill to reverse public pension change
Arizona Gov. Jan Brewer has signed a bill reversing a cost-cutting decision that made state and local government employees pay a bigger share of the costs of the state's main public retirement system.
Arizona Legislature reverses public pension change
Arizona legislators have voted to reverse a cost-cutting decision that made thousands of state and local government employees pay a bigger share of the costs of the state's main public retirement system. Workers and their employers had each paid 50 percent of the Arizona State Retirement System's costs.
