Forty-three states have made changes to their public pension plans in the past few years, with the most recent being Illinois, Ohio and Louisiana. As states battle against budgetary problems, the unsustainability of current pension plans has become a major point of contention. Let's take a closer look at what's going on in those three hotbeds of pension reform.
Many plans guaranteed benefits for their retirees so making changes to them midstream has caused a lot of angst for workers and retirees.
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