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We, as taxpayers, must rid ourselves of paying for gov't workers' retirements.
Pensions failed in the private sector, & they're a cancer in the public sector; due to lack of oversight by ANYBODY. Who is fighting this cancer?
Public pension shortfalls are the largest financial problem our cities, counties,& states face today. They are $5 Trillion underwater!
Gov't workers at ALL levels of Gov't must be forced to rely upon themselves, Social Security, & Medicare, for their retirement, just like taxpayers.
I've never seen any ballot asking "vote for gov't worker pension...yes, or no" or, "shorten full pension vesting from 30 to 20 yrs". Gov't gives it to themselves.
We have gov't workers who have qualified for THREE seperate gov't pensions...triple dippers. Not their fault.
Gov'ts do not make workers share enough in the funding, and that puts taxpayers on the hook.
As a result, we have exploding local & state taxes causing an exodus of taxpayers from high tax states:
This is just one news source..I could provide many from liberal & consrvative sources...both sides.
The cost of gov't has exploded, and there's grossly inadequate oversight. EVERY gov't entity should have an impartial oversight board of taxpayers who plan for the end to taxpayers funding gov't worker retirements. they should be ended just like it was done in the private sector...early buyouts.
Yep it needs to go. Give them a crappy 401k like the rest of us people who actually WORK for a living. Company pensions disappeared decades ago from the private sector. They need to disappear in federal as well
Why don't you work to make private industry restore their pensions so you wouldn't be a envious as you seem to be. More to the workers and less to the shareholders!
We, as taxpayers, must rid ourselves of paying for gov't workers' retirements.
Pensions failed in the private sector, & they're a cancer in the public sector; due to lack of oversight by ANYBODY. Who is fighting this cancer?
Public pension shortfalls are the largest financial problem our cities, counties,& states face today. They are $5 Trillion underwater!
Gov't workers at ALL levels of Gov't must be forced to rely upon themselves, Social Security, & Medicare, for their retirement, just like taxpayers.
I've never seen any ballot asking "vote for gov't worker pension...yes, or no" or, "shorten full pension vesting from 30 to 20 yrs". Gov't gives it to themselves.
We have gov't workers who have qualified for THREE seperate gov't pensions...triple dippers. Not their fault.
Gov'ts do not make workers share enough in the funding, and that puts taxpayers on the hook.
As a result, we have exploding local & state taxes causing an exodus of taxpayers from high tax states:
This is just one news source..I could provide many from liberal & consrvative sources...both sides.
The cost of gov't has exploded, and there's grossly inadequate oversight. EVERY gov't entity should have an impartial oversight board of taxpayers who plan for the end to taxpayers funding gov't worker retirements. they should be ended just like it was done in the private sector...early buyouts.
You’re failing to mention, at least at the state and local level, they are paying for their retirement in the form of reduced compensation. If you reduce the retirement benefits, your going to have to increase salaries, especially for the professional positions.
Why don't you work to make private industry restore their pensions so you wouldn't be a envious as you seem to be. More to the workers and less to the shareholders!
Private companies have to earn their money while the government extracts free money from taxpayers.
Private companies have to earn their money while the government extracts free money from taxpayers.
They did that in the 50's and 60's and a lot more people had pensions back then. All of those Republicans yearning for the "good ol' days" perhaps are wishing they had more financial security "like Daddy had".
Sourcing a Chinese owned media outlet supporting an attack on your own government?
Well done.
if anything, epoch times is anti-china.
but aside from using that dubious source, I agree with the OP. public sector used to be lower paying than private, but nowadays, it's equal if not higher paying, with better benefits, and higher job security.
there is a huge conflict of interest with public sector unions and lobbyist groups backing politicians who then promise generous benefits after getting elected. how this is even legal is beyond me.
perhaps their plan all along with the covid plandemic was to be able to print and inflate away the debt.
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