Posted on 10/17/2019 10:51:54 AM PDT by Red Badger
Does the tendency to be hot tempered and an unrepentant rebel still run in your family? It does in mine-most of us have been in a dicey situation because of that at least once...
I expect to work until at least 70. Maybe I go a few years longer if I'm still healthy. But that's not how our public service employees think.
My elderly dad agrees with you...
It will have to be addressed sometime in the future otherwise taxes will go through the roof and cities and states will have to take on huge debt.
Since city's and state's pension funds (including health care) are separate from the general funds (RE: Social Security), will Medicare for all absorb the State pension provided healthcare? In other words, will the state and local retirees have to switch to Medicare for all too. Along with private companies who will be forced to switch their private insurance to Medicare for all?
This could be both a plus and a minus for the state pension funds — plus: they'd have a new resource for funding their pensions (if they are not in the red right now, they will be in the future); minus: if they do have excess left in the budget, it will be absorbed by Medicare for all.
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