Quote:
Originally Posted by Riot
But there is money. It's in your father's pension fund. It was contributed by him, and matched by the city, during his working life, it accumulated interest, and now it is to pay him what was promised him, for his lifetime of work.
I'll not allow someone to demonize your father, call him a freeloader and a union thug and a cheat living off the public teat, because some politician wants to steal his hard-earned pension to give tax cuts to his rich friends.
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http://abcnews.go.com/blogs/politics...-gain-support/
It just isn't feasible for the long term. Lets ask some other logical folks...
In Massachusetts last year, Gov. Deval Patrick has signed a pension bill that raised the minimum retirement age to 60, from 55. His newer effort aims to stop public workers from getting unemployment money while they’re getting pension payments.
In Rhode Island, Gov. Lincoln Chafee, who has already signed a pension reform bill into law, is seeking to let cities cut benefits to retired public workers. He’s drawn opposition from unions that have said they’d fight the proposal in court if necessary, while mayors have said the measure would alleviate budget pressures.
And in New York, Gov. Andrew Cuomo has tried to cut budgets by raising the retirement age for most government workers to 65 from 62, and lower the amount of money given to workers after retirement to 50 percent of their salary, from 60 percent. The left-leaning minds on the New York Times editorial board wrote that “those changes make sense.”