CMF Executive Director Mike Belsky Discusses Trends in Municipal Finance Trends

Center for Municipal Finance (CMF) Executive Director Michael Belsky was featured in MuniNet Guide's Experts Roundtable, discussing financial challenges and possible solutions for different types of municipalities.

"Moving forward, most states and municipalities are offering more sustainable retirement plans to new employees," said Belsky, describing trends in pension reform. "Many have adopted more 401 (k)-type or hybrid plans, where the pension portion is smaller than the 401 (k) portion. These solutions are not tenable for active employees, who entered into their jobs with certain expectations related to these benefits."

Full coverage available at MuniNet Guide.