Pensions – Public and Private

There’s a thoughtful discussion on On Point today about how to handle guaranteed pensions in the face of economic volatility:

http://www.onpointradio.org/2010/07/pension-crisis

They touch on pensions’ contributions towards budget deficits, how some public employees game their respective systems, and how public salaries differ from private salaries.  It’s worth a listen if you’re interested in the issue.