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To: reaganaut1

Public pensions equal big fat burdens. Here’s a solution—have govt employees enrolled in 401-k plans and have govt fund a generous 60%-75% of the max yearly contributions allowed. That way each employee is funded for future retirement during their active working years only and from that years budget allocation only. When the job ends so does the retirement funding. No more pensions for life that heavily burden the public taxpayers for retired government workers.


13 posted on 05/28/2014 3:16:45 PM PDT by tflabo (Truth or Tyranny)
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To: tflabo
Here’s a solution—have govt employees enrolled in 401-k plans and have govt fund a generous 60%-75% of the max yearly contributions allowed.

I don't think you understand. In blue states like Illinois, they have to pass your law first. THEN, once the law is passed, it's the newbies that have to haul down the pirate flag.

The current employees get grandfathered, and get to keep flying the Jolly Roger, along with the retirees.

22 posted on 05/28/2014 4:04:03 PM PDT by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
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