Public pension debt has far-reaching consequences, yet there appear to be limited options for addressing it. State and local governments often turn to legislation to reduce plan benefits. These reforms have been challenged in state and federal courts and providing a "timely analytical lens for compr...
May 18, 2026145 views
Image: Phys.org
Public pension debt has far-reaching consequences, yet there appear to be limited options for addressing it. State and local governments often turn to legislation to reduce plan benefits. These reforms have been challenged in state and federal courts and providing a "timely analytical lens for comprehending these contemporary constitutional controversies" is why T. Leigh Anenson, business law professor at the Robert H. Smith School of Business, wrote a book about the issue. Specifically, three reasons that compelled her to write the book were to address a national crisis, to respond to litigation trends, and to fill a gap in legal scholarship.
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