just love it when people flaunt how much money they get.....
your situation is EXACTLY why this entire govt and nation is bankrupt...
That is exactly the point. We can't continue to have such generous retirement and entitlement programs that provide people far more in benefits than what they contributed to the system. They need to be reformed. However, means testing them doesn't really solve the problem in the long term.
I have already received ten times more in benefit payments than I contributed during my 36 years in government. I am not an exception or an anomaly. We need to reduce government spending and one important element will be to reform pension systems for public employees at every level of government and to reform the entitlement programs that are bankrupting the country. There will be pain, but the politicians continue to kick the can down the road. It makes the problem worse and the solution much more painful.
I am not flaunting anything. I am providing facts. Do yoiu think my COLA should be less than the COLA provided to a retiree who gets half what I receive in pension benefits?