We weren't living as long when those retirement plans started, so it was a lot easier to make good on those promises.
u fortunately people like my 81 year old father are now caught in the middle through no fault of their own. i know no one likes unions and my dads situation does not deal with a union but have some compassion for the elderly facing loss off their pension. the union bosses and those that scammed and bankrupted the system should be in jail but there are a lot off elderly folks hurting through no fault of their own