By Claire Withycombe
EO Media Capital Bureau
A task force last week recommended a variety of ways to reduce the state Public Employee Pension System’s $25.3 billion unfunded liability by as much as $10.4 billion.
The options it outlined in a report on Nov. 1 are wide-ranging – increased taxes on beer and wine; sweeping state reserve funds; dedicating one-time financial windfalls to PERS; selling one or more state universities to a private, not-for-profit entity.