[paul51]

Public employees will never loose their benefits the way some private sector people do. Judges belong to these public employee plans and no matter what the cost to the taxpayer, they will see to it they rec. every cent and the taxpayers will get hosed like they never have before.

[george76]

Public employees generally do not belong to the failing federal social security system...started by FDR.

They have a legal out.

They often have their own private, financially sound system that will last long after our federal system fails.

The Congress, the US Senate, and most every local government unit know of this double standard.

[SolidSupplySide]

Public employees will never loose their benefits the way some private sector people do.

See: City of Dallas v. Trammell, 101 SW2d 1009, 1014 (Tex. 1937)

What the City of Dallas did (reneg on vested pension benefits) would be illegal if it had been a private corporation. Also, public employees are not insured by PBGC.

Any objective observer would have to say that a private pension is better than a public one when it comes to safety.

[SolidSupplySide]

Also see Dodge v Board of Education. Again, a vested public pension was denied.

Why do you say pubic employees can't lose their pensions?