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Changes made by the Legislature will mean reduced pension payments for state and local government employees taking early retirement if they leave their jobs after Aug. 31.

The nation's financial downturn left many states in such a precarious position that they were forced this year to make tough decisions on expensive but long-untouchable public employee benefits.

A summary of what a few states around the country are doing to reduce the cost of employee benefits.

In 2013, yet another financial challenge will befall the baby boomer generation as the $5 billion Early Retiree Reinsurance Program, funded under the Affordable Care Act, expires in 2013, to be followed by health insurance exchanges for individual coverage.

When Connecticut lawmakers return to the state Capitol on Thursday, not only will they be asked to grant Gov. Dannel P. Malloy greater budget-cutting authority, now that state employees have defeated a labor-savings and concessions deal, but to also scale back some of the workers' future benefit

A newly released audit that criticizes oversight of the Kentucky's $13 billion pension fund could provide the impetus needed to get the legislature to act.

New Jersey Gov. Chris Christie on Tuesday signed landmark legislation that increases pension and health contributions paid by a half-million teachers, police and other public workers and removes the issue from collective bargaining for four years.

A contentious bill raising pension and health benefits costs for more than a half-million New Jersey government workers goes back to the state Senate one more time on Monday for a formality vote.