Is Jacksonville's pension problem a real threat?

JACKSONVILLE, Fla -- A finance professor with FSCJ says serious pension reform is long overdue.

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Theubers - 7/17/2012 8:28 AM
0 Votes
There is not one defined benefit plan that can be sustainable. They are based on a continuing advancing economy where there is never a down year. We know that is not possible. Public benefits have to switch to a 401(k) system, then EDUCATE the employees how to invest with diversification so they can survive the down years.
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