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It's literally the only fiscally responsible government pension. It's weird how political it's become, yet it should be the example to follow.
by casefields 6y ago
It's literally the only fiscally responsible government pension. It's weird how political it's become, yet it should be the example to follow.
- lotsofpulp 6y agoFascinating to me too. People would be outraged if an insurance company wasn’t appropriately saving for annuities it sold. But it’s perfectly fine if a government sells defined benefit pensions and retiree health benefits, saves a fraction of the promised benefits, and then raises taxes in the future to pay for it.