6:38 am April 4, 2011, by Henry Unger
Should the law change?
Taxpayers pour about $1.3 billion into state pensions each year, AJC reporter James Salzer writes. But retirement system officials can’t tell you how much individual retirees are getting.
That’s because state law prohibits the Teachers Retirement System and Employees’ Retirement System from disclosing the pensions received by the 125,000 retired teachers, university staffers, state workers, judges and lawmakers receiving benefits from the plans, Salzer writes.
What do you think? On the one hand, the people paying the bills ought to have a right to know? On the other hand, the people receiving pensions are private citizens when they collect the benefit.
What do you think of a compromise idea — should there be disclosure when a pension reaches a certain amount? If so, what amount? Or should it be all or nothing?
- Henry Unger, The Biz Beat
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