Public Pension Fixes Can Fill Gaps and Avoid a Big Ruckus

Public Pension Fixes Can Fill Gaps and Avoid a Big Ruckus

Stephan Savoia/AP Photo

Helena Kozlowski, the widow of a retired Central Falls firefighter living off his pension, enters the high school in Rhode Island on July 19, 2011. The state appointed receiver running the financially troubled city asked retired police officers and firefighters to accept significant pension cuts to help avoid municipal bankruptcy.