bingo...
Posted on 10/02/2010 11:07:59 AM PDT by patriotrising
Can Society Afford to Pay Promised Pension Benefits? We may find that honor gives way to economic reality
Without question, the greatest economic benefit of working for the government — be it federal, state or municipal — is the retirement program. Many governments promise their workers pension and health-care benefits that those in the private sector would define as, well, generous.
Take the poll...
(Excerpt) Read more at ricedelman.com ...
Do they pay in anything resembling what is paid into SS?
bingo...
gub mint pensioners should report to the soilent green project immediately.
Not to GI’s but to Congressmen & Senators of course.
W
“Do they pay in anything resembling what is paid into SS?”
I pay self-employment taxes and don’t know the percentage paid into SS, so I can’t answer that.
But I can tell you my husband has paid in well over $100,000. So it’s no small matter if these accounts are broke - and if they are broke, the govt has stolen from private retirement accounts.
Thankfully we have other funds to fall back on, but I feel for those who trusted that their money was being invested for them.
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