I've always felt that laws forbidding retirees to work at the risk of losing SS or pension benefits were counter-productive. These retirees often have much more to offer than some snot-nosed rookie.
To: hoosierskypilot
They have done that here in South Carolina and it will eventually lead to the destruction of a sound retirement system. They hire the employee back and no funds go into the retirement fund,he works for less and the state can replace an employee cheaper.Also I am told the legislature here will soon pass a law for the state to borrow from the reirement funds like the Federal Government does Social Security and we all know SS is bankrupt and full of government IOUs.Our elected officials play all kind of games and there is nothing we can do about it. It wont affect me but it will come together somewhere down the line.
2 posted on
12/22/2002 5:33:57 PM PST by
gunnedah
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