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Wisconsin Gov. Scott Walker said Monday that he would be willing to consider changes in the state's $77 billion pension system, with a report on expected to be released this week on how the system could be improved.

The National Public Pension Coalition, an organization representing millions of teachers, nurses, police, firefighters and other public sector employees released a statement this week on a recent Pew Research Center report.

Is it right to change the world with other people's money. In the case of New York City's Comptroller, some fiduciary questions arise.

Recession-plagued states diverted scarce money away from pensions to pay for more immediate concerns, leaving a $757 billion hole in the retirement funds covering millions of public employees, according to a study released this week.

The cost of pensions and retiree health benefits are soaring at the University of California, increasing pressure to raise tuition and cut academic programs at one of the nation's leading public college systems.

As the recession took its toll many states diverted scarce money away from pension plans to pay for more immediate concerns, and the amount of new costs states will owe the public retirement funds in the decades ahead ballooned to $757 billion, according to a study released Monday.

Plan sponsors will have an opportunity to modify their disclosures over the next year, as even the Department of Labor admits its regulations have been spottily rolled out.

The legislation would end state-provided health care coverage in retirement but not force teachers into a 401(k)-style retirement plan.