Dealing with pension benefits has become a hot-button issue in a number of states throughout the country and is also a major concern in Ohio. Since the beginning of the current General Assembly, House Republicans have been working with the state’s five public pension systems, which has included numerous hearings with stakeholders to determine the best path for Ohio to take.
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The study concluded what we all expected—that the bills proposed by the Ohio Senate earlier this year were a good start, but that further reform is necessary. Another aspect that makes Ohio unique is that it has five different public pension systems, as opposed to most states who have one or two. While this variety can be beneficial to public workers because it provides benefit packages that are tailored to their needs, it also presents the need for a wider array of reforms.
It can be easy to identify a problem and demand quick and immediate change, but it is important that legislators not hustle through a flawed reform package just so they can claim they “did something.”
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