Expert Suggests Change in Public Worker Pension Model
Instead of basing retirement payouts on service time, governments should adopt a public pension model that offers employees a chance to earn higher retirement pay based on their job performance, according to a report published in the Journal of Pension Benefits. The report was prepared by Dan Van Bogaert, an adjunct professor in human resource management at UCLA and Brandman University.
- "New Analysis Suggests Public Pension Changes; Reform Spokesman Looks Ahead" (Ortiz, "The State Worker," Sacramento Bee, 2/16).