There is a crisis in the public pension systems of several states. With trillions of dollars at stake, practitioners, policymakers, and academics alike are urgently addressing the pension problem. Politicians in nearly every state have been considering a variety of proposals and implementing changes that affect millions of government workers and retirees. Courts have also entered the milieu as impacted employees test whether reforms surmount legal obstacles and pass constitutional muster. Members of Congress have even attempted to facilitate a solution to the state pension debt crisis due to its negative impact on the American economy.

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