AZGrizFan wrote:
Typical donk....you have the misguided notion that 100% of the money in the world belongs to the government and they give back what they want out of their good graces. Taxing the **** out of something and then giving them a portion of that money back isn't "welfare".
1) "Mr. DePasquale’s report included several recommendations for state legislation that could ease the burden, including provisions to prevent employees from using overtime in the waning days of their career to boost their pension payments
2) and creating a program for distressed municipal pensions that would include greater state aid.
At the news conference, Mr. DePasquale said it’s time for officials to address the issue at the state level.
“This is clearly a Pennsylvania problem and it’s not going away and it needs the action of the General Assembly ... and the governor,” he said."
1) Duh. It is criminal how employees use the overtime angle, and the two city/state jobs angle, to raise their retirement.
2) No, it isn't the state's problem. Tax those creeps that elected the officials who made the deals. Leave the rest of the sane people out of it.
It would be interesting to see how the various states handle issues like wage spiking. In Iowa they do a control year test to make sure that you aren't doing that and if you do they will lower your pension.
It would also be interesting to see a list of each state and what the maximum pension amount is and at what age you can receive it. The states that allow retirement at age 50 at full pay are crazy. Our state program has a maximum of 65% of the average of your 5 highest years and it would take 35 years of service to get there.
If fascism ever comes to America, it will come in the name of liberalism. Ronald Reagan, 1975.
