And eliminating this sounds like some tempting low-hanging fruit to solve the problem. Or, rather, the low-hanging fruit has already been picked. After all, my recitation of benefit increases stopped in 2004. This set of reforms is similar to that of the Tier II system for Illinois teachers, state employees and university employees. And the third possible, though more difficult-to-achieve, sort of low-hanging fruit is a reduction in future service-based benefits for existing employees.

Source: Forbes January 10, 2019 15:02 UTC