pensions

Politics
6:21 pm
Mon April 30, 2012

Cheyenne Representative leads the charge for reforming state pensions

The Wyoming legislature took on a number of conservative issues

Wyoming lawmakers are considering further reforms to the state’s pension system. This year, the legislature lowered pension benefits for new employees  and changed the way cost-of-living adjustments are made.

But Cheyenne Representative Bryan Pedersen  says he is convinced that even with the changes, Wyoming won’t have e

“This will at best float us three to five years. It’s a band-aid that will kick the can further down the road. And that’s with the plan fully performing at the eight percent estimated average annual return.”

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