In state legislatures across the country, slashing the benefits and pension plans of public sector workers has come into bipartisan fashion. Even in the deep-blue states of California and New York, governors are leading pushes to cut the pensions and benefits packages won by public workers over the decades. The cuts take a variety of forms, including raising the level of employee contributions, lowering payouts, and replacing guaranteed plans with 401(k) accounts.
How will Trump’s administration impact you? Learn more