Quote:
Originally Posted by Fly Rod
Keep the present workers on a pension, any new workers hired after starting in 2013 go on their own 401k, the older workers will die off reducing people on a pension.
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That doesn't reduce the pension demand until they all die off. With today's life expectancies that coul dbe a while. What it does do is require future generations to continue paying for the misdeeds of today's leaders.
Everyone keeps electing these officials who make sweetheart deals and then expect them to find a way to back out of the agreement. I agree that the going forward approach is plausible. However, I wonder how many of those on this thread who speak ill of the workers are willing to sit back and allow someone to blatently cancel an agreement that they had. Let the bank call in your mortgage for no reason and see how fast they claim the rules were changed fo rno reason.
They often say that today's republican was a democrat who got mugged yesterday...