HELENA, Mont. (AP) — Montana Gov. Brian Schweitzer proposed an aggressive public pension fix Tuesday, a plan that comes as he nears the end of his term and one that faces a very uncertain future when it goes to his successor and the Legislature next year for potential implementation.
Key aspects of the proposal met with immediate criticism from a leading Republican candidate to replace Schweitzer. The leading Democrat was more receptive.
The projected shortfall for the state's government worker pension system exceeds $3 billion over the next 30 years. Lawmakers are currently discussing potential fixes in an interim committee but have not identified any solutions.
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