At a recent forum of the Senate Presidents, MTF President Michael Widmer was one of two national experts participating on a panel on the pension crisis facing most states. Mr. Widmer summarized the factors placing financial pressures on pension plans, the key variables determining long-term costs, and the overriding issues facing state legislative leaders in controlling those costs.
The Senate Presidents’ Forum is a non-partisan, non-profit, educational organization for the presiding officers of the 50 state senates in the United States.