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To: patriotrising

There are government entitlements and there are government obligations. A pension is an entitlement if offered as a condition or benefit of employment. It becomes an obligation upon fulfillment of the terms and conditions of that employment. Therefore cutting pension has to occur during the earning phase of the pension entitlement, not after the payout stage of the obligation has begun. By the way, many government pensions, including retired federal employee pension, are called “annuities” because of this fact.

I’m not against cutting pension benefits, but not during the retirement phase of a government pensioner.


5 posted on 10/02/2010 11:31:16 AM PDT by yetidog (/*)
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To: yetidog
I'm not against cutting pension benefits, but not during the retirement phase of a government pensioner.

What part of THE TAXPAYERS ARE BROKE do you not understand?

How many Edsels are sold these days?

Socialism always fails, ALWAYS. Good luck collecting from the EMPTY cupboard. DRACONIAN SPENDING CUTS are required here.

6 posted on 10/02/2010 11:40:45 AM PDT by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: yetidog

Right on, Yetidog. You got it right.

About time some of the (ahem) more extremist of our fellow Freepers got yanked back to reality!


7 posted on 10/02/2010 11:41:10 AM PDT by Poundstone (A recent Federal retiree and proud of it!)
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