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How to Stop Courts’ Blockades of Pension Reform

Oct. 17 (Bloomberg) -- One of California’s leading advocates for pension reform, San Jose Mayor Chuck Reed, has begun an uphill campaign to amend his state’s constitution so that governments there can make changes to employee retirement plans. If he succeeds with his voter initiative plan, his effort may spur movements to loosen pension protections in other states.

Reed’s effort might also bring clarity to one of the most confusing parts of the pension debate -- namely, constitutional limitations on changing government-employee retirement systems.