Carl DeMaio is a local politician and a Reason fellow. He's got a piece in today's WSJ ($) on the need for reform of state and city pension funds (and the pension system in general) and some specifics of what he believes are needed.
I don't disagree with him on either the problem or the need for reform. I'm not so sure about the specifics he proposes; my own inclinations would be for something much more dramatic. I'd be especially interested in reform that put a stop to the politician's ability (or willingness) to spend the public's future money...
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