Are States Migrating from Traditional Pensions?

State pensions have been in the news a lot lately, and not always in a good way. The ways in which states meet the challenges of providing pensions for their employees are as numerous and varied as the states themselves. In the latest MarketBeat, Michael A. Webb takes a state-by-state look at what the states are doing and how they are changing the way they provide pensions — including turning to mechanisms other than traditional DB plans.