My understanding is that many, if not most, local governments have split their pension plans into two levels: employees hired before date X get the defined bene

My understanding is that many, if not most, local governments have split their pension plans into two levels: employees hired before date X get the defined benefit plan; employees hired after that day get a defined contribution plan instead. In Oregon, the state Supreme Court has held that once you're hired the state has no right to change the retirement plan to your detriment. A few years ago there was a Republican candidate (Ron Saxton) for Governor who said he would fire all the state employees and re-hire them. Sounded very bizarre but the idea was to move them from one plan to the other