Arizona’s pension system demands a solution
Into the Mind: Debbie Lesko discusses how to fix pensions without breaking the taxpayer bank.
You’ve pulled together a committee to study the state’s pension systems. Why?
I am leading a pension study group specifically focused on the Arizona Public Safety Retirement System. The goal is to keep the public pension system sustainable without breaking the backs of the taxpayers. This is a critical time. Pension costs are skyrocketing. We need to figure out a way to protect retirement accounts for our valuable employees in a way that doesn’t eat up entire budgets.
Who is in the group?
Our study group is made up of a diverse group of people and interests. The group includes firefighter and law enforcement associations from across the state, the Free Enterprise Club, staff from the public safety retirement system, the League of Cities and Towns, the governor’s office, Republican and Democratic legislators from both the House and the Senate, the Reason Foundation and the Goldwater Institute.
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