New idea.
Pensioners only get the percentage of their pension that the current batch of kids reading at their grade level is.
So for example, this year they’d only get 31% of what they’d normally get. If they get $100,000 a year, they’d only be able to get $31,000.
“percentage of their pension”
What they did was use the highest pay for the last 3 years to include overtime and extras (e.g., combat zone pay for Iraq).
At the same time keeping military retirement against base pay minus allowances.
Union Dem paybacks.