Quote:
Originally Posted by Clip-Clop
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.”
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not enough of a change in my opinion. those numbers ignore completely the fact that we live longer and longer....many pensions are still set at ages from decades ago, when most people didn't live to age 65. ss for instance. now, most people live to their 80's, and we've got more people attaining age 100 than ever.
it is unsustainable to have someone spend as much time in retirement as they did working.
it's not a matter of right and wrong, or fairness...it's simple math!