Empowered Municipality

Pension Reform: Managing Generational Theft

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Public pensions are on the verge of exploding municipal and the state budget in coming years.


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Generational theft is a strong language, but Richard Dreyfus, Senior Fellow at the Commonwealth Foundation beleives that this looming timebomb" has the potential to bankrupt our cities and our state. He made complelling arguments and marshalled the facts to present a simple, compelling and thought provoking presentation. See his presentation below.


PA Public Pensions & Politics:-Managing "Generational Theff: The Absence of Sound Public Policy Principles

PA Leadership Conference
April 16, 2010

By Richard C. DreyfussBusiness Consultant and Actuary
Senior Fellow -The Commonwealth Foundation


CLICK HERE FOR PRESENTATION

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