Finance & Revenue
Which state has a May 17, 2016 constitutional proposition to reform the state pension systems? Arizona
What’s the PRO argument? police, fire fighters & politicians agree that the refoms will preserve the financially challenged pension system for Arizona’s first responders
What’s the CON argument? Short term costs. Due to a pending Arizona Supreme Court case about 2011 pension reforms, the proposition could cost Arizona an additional $91.4 million in fiscal 2018 according to the Arizona Joint Legislative Budget Committee
AZ Central | Will fixes proposed in Proposition 124 save pension plan money?
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