John O'Leary is a former GOVERNING contributor. He is co-author of "If We Can Put a Man on the Moon: Getting Big Things Done in Government."E-mail: email@example.com
Public employee pensions can be huge budget busters, as a previous article explored. In today's column, Bill Eggers explores ways to dig out from the pension mess. There is no magic bullet, but if we don't start dealing with this issue the problem could spiral out of control.