The author of the recent opinion piece, The Slow Road to State Pension Reform, seemingly misunderstands that when properly funded, pensions are a cost-efficient means for providing retirement security to middle class Americans.

State legislatures in nearly all states maintained defined benefit pensions as they reformed state-wide retirement systems during the past seven years to ensure long-term sustainability. As a result, public employees can anticipate a modest but stable retirement income from pensions after contributing to the plans during their career in public service.

Read the full letter.