To: TigerLikesRooster
“If we go less than 8 percent, we’re going to make it up where?”
BY REDUCING BENEFITS, preferably to the limits in Social Security and Medicare like we the Serf’s.
3 posted on
03/03/2010 8:16:01 AM PST by
eyeamok
To: eyeamok
If we go less than 8 percent, were going to make it up where?Arnold is going to start transfering an additional 5% of gross pay to the retirement funds. A person who makes $50,000 per year is going be paying an additional $2,500 to the pension fund, in addition to what they pay now. He is also going to cut pay 5%. So a state worker making $50,000 today is going to be making $45,000 from now on, with half that difference going into the pension fund.
5 posted on
03/03/2010 8:21:52 AM PST by
Freedom_Is_Not_Free
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