The compromise includes a plan to use casino revenues to bolster the long-term financial health of the Kansas Public Employees Retirement System, which has a projected $8.3 billion shortfall.

Thee proposal would create a cheaper investment account similar to a 401(k) plan for state employees hired after July 1, 2013, instead of a monthly retirement payment based on their salaries and years of employment.

San Diego has bounced back, but a central question driving budget debates at City Hall is the same: How should it tackle ballooning public pensions?

The Ohio Senate fast-tracked legislation on Tuesday aimed at shoring up four of Ohio's five public pension funds, with both political parties supporting passage of the changes as early as next week.