Study: Arizona's State Pension System Is On Track

By Steve Goldstein
Published: Wednesday, February 5, 2014 - 2:40pm
Updated: Friday, February 7, 2014 - 3:12pm
Audio icon Download mp3 (21.01 MB)
(Photo courtesy of the Arizona State Legislature)
Rep. John Kavanagh, R- Fountain Hills.

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.