03/08/2011 - Two years ago, Alpharetta switched from a traditional defined benefits retirement plan for city workers to a plan requiring an employee contribution.
Chamblee did it more than a year ago. Atlanta plans similar changes.
There might not be much choice, according to the Pew Center on the States. In a February 2010 report, Pew warned of the “trillion dollar gap” between what states had set aside to pay for retirement benefits and the price tag for those plans.
Read the article Roswell Latest to Tackle Pension Funding on the Atlanta Journal-Constitution Web site.