[Go_Raiders]

The biggest problem I have with this is it treats the retired manager sucking up $200,000 a year the same as a retired janitor getting $17,000 a year.

The cut should be 10% off anything over $35,000 a year, with a $100,000 hard cap. COLA’s should be kept until reaching the $35,000 level. I would bet that would save more money and would better represent what pensions are supposed to do, give retirees a respectable, moderate level of income.

[Leaning Right]

The biggest problem I have with this is it treats the retired manager sucking up $200,000 a year the same as a retired janitor getting $17,000 a year.

Agreed. And the irony of it all is that the janitor probably worked harder than did the manager.