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Reason Foundation Issues Commentary: How Government Workforce Reductions Can Impact Public Pension Debt
September 19, 2025
LOS ANGELES, California, Sept. 19 -- The Reason Foundation issued the following commentary on Sept. 18, 2025:

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How government workforce reductions can impact public pension debt

Public pension plans need to lower their payroll growth assumptions or transition to a method that is less sensitive to payroll fluctuations.

By Steve Vu, Quantitative Analyst and Zachary Christensen, Managing Director

Debt and workforce reductions are . . .

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