Amid budget cuts and threats to public employee pensions, a Pew report has found that Wisconsin's pension system is actually one of the healthiest in the nation.

Only two states, Wisconsin and New York, were able to fully fund its public employee pension in 2009, according to the report released Tuesday.

Wisconsin Gov. Scott Walker has angered many union groups and public employees with his budget-balancing proposal which would strip public employees of many of their collective bargaining rights and require them to contribute more of their income toward their retirement benefits.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.