DEFINED-BENEFITS PENSIONS FOR GOVERNMENT WORKERS MUST BE STOPPED.
THEY ARE CURRENTLY UNDERFUNDED BY OVER 3 TRILLION DOLLARS.
EACH GOVERNMENT WORKER SHOULD GET A PENSION BENEFIT DEFINED BY THEIR PERSONAL CONTRIBUTION - JUST LIKE IN MOST OF THE WORKERS IN THE PRIVATE SECTOR.
AND GOVERNMENT WORKERS SHOULDN'T BE ALLOWED TO COLLECT UNTIL THEY REACH AGE 65.
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
1 comment:
That's exactly right. The pension plans should be defined contribution plans, not defined benefit.
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