[quote=FlyerInHi]
Problem is public employers say x contributions today will pay for y benefits in the future. Then 10 years later, opps we calculated wrong so we need to cut services and raise taxes to contribute more to pensions. Because by law, we cannot cut pensions.[/quote]
Wrong. Public employees are the only ones to take a hit, so far. Many haven’t had a raise in over 6 years…many have had their compensation reduced, some by a large amount. READ what I’ve posted, above, about how employees are having to contribute more to their pensions…and more increases are on the way.
Sorry, brian, because I don’t want to take this out on you, specifically; but it gets very frustrating when I have to keep correcting some incredibly ignorant and uninformed statements, over and over and over, again. This has been going on for years, usually because the same ~2-3 people want to keep attacking public sector employees by spreading the propaganda put out there by the Privatization Movement.
