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A comment on The State Pension Funding Gap. Parent comment

Re:The State Pension Funding Gap by toomuchtodo on Friday April 13, 2018 @08:57AM (#16829511)
I agree funding our way out of this mess is the right solution, with the caveat that there might not be enough local revenue to do so, in which case the pension should be transferred to the US Pension Guarantee Corp and funded by the federal government.
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Re:The State Pension Funding Gap by lotsofpulp on Friday April 13, 2018 @09:10AM (#16829611)
What about preventing this from happening going forward?
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Re:The State Pension Funding Gap by maxerickson on Friday April 13, 2018 @09:28AM (#16829756)
That's largely already happening with the shift from defined benefit plans to defined contribution plans.

It is not necessarily a better outcome for the employees but it has better alignment of incentives and doesn't create obligations for future taxpayers.

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Re:The State Pension Funding Gap by lotsofpulp on Friday April 13, 2018 @10:49AM (#16830468)
Are there any state governments that have shifted to defined contribution, especially for the politically untouchable judges and police pensions?
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