[quote=harvey][quote=SK in CV]I note nobody has actually answered my question of whether everyone should be forced to […][/quote]

Because it’s a question with an implied assumption that is completely bogus. Nobody in any profession is being forced to work. Since when is there a law preventing cops, or any profession from quitting at any age?

[quote]What you’re arguing is that no employees should ever have defined benefit plans.[/quote]

No he’s not. He’s arguing that nobody should receive taxpayer-guaranteed investment returns.

Nevertheless, your misrepresentation of his words is not a bad idea.

[/quote]

Item 1. See the last sentence of the original post.

Item 2. There is no guaranteed investment return for most government pensions. There is a guaranteed benefit.

And they have worked fine. When reasonable earnings assumptions are made. They worked fine across the country for the 20 years before the recent crash, when states and municipalities often got away with zero funding. And continued to use unrealistic investment return assumptions. They worked fine in priviate industry, until they got raided by sponsors.