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Study: Arizona's State Pension System Is On Track
Concerns about local and state pension systems has been a national issue. The city of Phoenix recently had conflict among its councilmembers about what should be done to keep the system solvent.
A new study by the nonpartisan Grand Canyon Institute said Arizona’s state pension system is on solid ground. The study is called “Arizona’s Pensions: On Track to Financial Sustainability With Retirement Security.” Its author, Dr. Dave Wells, joined me in studio.
State Rep. John Kavanagh, a Republican from Fountain Hills, is calling for some changes to Arizona’s pension system. He joined me from the state Capitol.