Port Itll be expensive but North Dakotas defined benefit pensions have to go

MINOT, N.D. — North Dakota’s public worker pension, called the Public Employees Retirement System, or PERS, has a multi-billion dollar shortfall. These shortfalls happen routinely because defined-benefit pension plans are fundamentally flawed. Whether we’re talking about pensions for private sector union workers, or pensions for state employees, or even our…Read More

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