Add to this the fact that
global pension levels are also sharply on the rise, with people living longer and population growth — and therefore workforce growth — slowing in many advanced economies.
«Public sector pensions will remain among the very best, providing a guaranteed
pension level for all employees.
Any opposition is due largely to lack of information and concern about transition costs, similar to the skepticism surrounding proposals to invest a portion of Social Security funds in the market to improve long -
term pension levels.
Democratic gubernatorial candidate Tom Barrett wants to scale back
the pension levels for top state administrators.