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To: KMC1

I know this article is about disability but a question about regular retirement...Why can't we make all employees pensions defined contribution not just the new hires? When I worked and had a pension plan they would change things now and then and I just had to take it.


3 posted on 01/17/2005 10:07:15 PM PST by kmiller1k (remain calm)
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To: kmiller1k
The California govt employees pension is a contract, and contracts cannot be altered after-the-fact.
4 posted on 01/17/2005 10:12:08 PM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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