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To: Cincinatus' Wife
Paul Ryan’s budget plan hits federal workers

I would sure hope so. I doubt if it hits them hard enough though.

45 posted on 08/11/2012 9:46:18 AM PDT by Reddon
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To: Reddon
Ryan's plan makes a show of tapping federal workers ~ that's all.

The otherside of the equation is that the way the additional deposits are accounted for, all that happens is the federal unfunded liability will climb even faster as greater expectations for earlier and larger payoffs will be allowed.

That's the history of all government retirement plans. Take more. Pay more.,P>It's one of those areas of life where the actuarial tables play a larger part than you can imagine ~ that's why actuaries are trained to deal with these problems.

58 posted on 08/11/2012 9:54:50 AM PDT by muawiyah
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