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To: G.Mason

” I’m retired on a pension from N.J. that I earned according to the laws of the state.

Someone is going to pay that retirement, or I will have to make it up some other way.”

While your perspective is understandable, there is another angle to consider - There are legions of taxpayers who expect services from the governments to whom they pay taxes. What do you think will happen when 100% of their tax burden (which is likely to increase greatly) is used to pay retirees, and they get no services in return?

The likely answer is that state/federal government retirees are likely to get far less than they expected. The funding of taxpayer services is going to be a priority over retiree pensions - and that’s probably the best case.


17 posted on 12/21/2008 5:23:40 AM PST by RFEngineer
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To: RFEngineer

The ONLY way to get less than in NJ if you are already retired is to change the State Constitution . That ain’t gonna happen .


26 posted on 12/21/2008 5:52:06 AM PST by Renegade (You go tell my buddies)
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To: RFEngineer
" ... The funding of taxpayer services is going to be a priority over retiree pensions - and that’s probably the best case."


Like I said ... I WILL make it up some other way, and it won't be as a greeter at Wally World either.


The way things are going there just may be a bounty on all elected officials ... soon.

30 posted on 12/21/2008 6:17:56 AM PST by G.Mason (Duty, Honor, Country)
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