tear public pension down over time
Original post made by liberalarry, Mohr Park, on Nov 14, 2011
I may have a solution to the current public pension problem. If we issue pensions that teer or scale down over a period of time. The problems seem to be with the huge pensions that upper level government employees get when they retire. Why can't the pension be scaled. These pensions where never designed to make someone rich. But if you calculate what the list of current retired city (Pleasanton) employees are going to amass over their lives is not fair. And heath care! It seems a little skewed. Lets just say the employees retire with over a hundred thousand a year are reduced every year to till it hits 30 or 40 k. Any thoughts?