Moving new employees to 401(k)s would endanger existing pensions, increase cost to taxpayers - Oklahoma Policy Institute
During this year’s State of the State address, Gov. Mary Fallin expressed strong support for doing away with traditional defined benefit pension plans for new hires within the Oklahoma Public Employees Retirement System (OPERS) in favor of 401k-style defined contribution retirement plans. The Governor touted the switch as beneficial both to public employees, whose retirement
David Blatt
