- This topic has 20 replies, 3 voices, and was last updated 16 years, 7 months ago by
Aecetia.
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January 22, 2008 at 6:59 AM #11592January 22, 2008 at 8:03 AM #140571
TheBreeze
ParticipantMakes me appreciate my father’s government pension that is indexed to the CPI. Civil service is looking better and better these days.
Sure pension funds look great when your’re at the top of the pyramid and the base is full of baby boomers. What happens when all those baby boomers start to retire over the next 20 years and the pyramid gets inverted? Government pensions will likely suffer the same fate as social security — future pensioners will get something, but it won’t be near as much as today’s pensioners are getting.
January 22, 2008 at 8:03 AM #140886TheBreeze
ParticipantMakes me appreciate my father’s government pension that is indexed to the CPI. Civil service is looking better and better these days.
Sure pension funds look great when your’re at the top of the pyramid and the base is full of baby boomers. What happens when all those baby boomers start to retire over the next 20 years and the pyramid gets inverted? Government pensions will likely suffer the same fate as social security — future pensioners will get something, but it won’t be near as much as today’s pensioners are getting.
January 22, 2008 at 8:03 AM #140835TheBreeze
ParticipantMakes me appreciate my father’s government pension that is indexed to the CPI. Civil service is looking better and better these days.
Sure pension funds look great when your’re at the top of the pyramid and the base is full of baby boomers. What happens when all those baby boomers start to retire over the next 20 years and the pyramid gets inverted? Government pensions will likely suffer the same fate as social security — future pensioners will get something, but it won’t be near as much as today’s pensioners are getting.
January 22, 2008 at 8:03 AM #140809TheBreeze
ParticipantMakes me appreciate my father’s government pension that is indexed to the CPI. Civil service is looking better and better these days.
Sure pension funds look great when your’re at the top of the pyramid and the base is full of baby boomers. What happens when all those baby boomers start to retire over the next 20 years and the pyramid gets inverted? Government pensions will likely suffer the same fate as social security — future pensioners will get something, but it won’t be near as much as today’s pensioners are getting.
January 22, 2008 at 8:03 AM #140792TheBreeze
ParticipantMakes me appreciate my father’s government pension that is indexed to the CPI. Civil service is looking better and better these days.
Sure pension funds look great when your’re at the top of the pyramid and the base is full of baby boomers. What happens when all those baby boomers start to retire over the next 20 years and the pyramid gets inverted? Government pensions will likely suffer the same fate as social security — future pensioners will get something, but it won’t be near as much as today’s pensioners are getting.
January 22, 2008 at 8:52 AM #140812Aecetia
ParticipantI think it would take legislation to change pensions. Future pensions could be changed, but existing ones are hands off, to my knowledge.
January 22, 2008 at 8:52 AM #140829Aecetia
ParticipantI think it would take legislation to change pensions. Future pensions could be changed, but existing ones are hands off, to my knowledge.
January 22, 2008 at 8:52 AM #140855Aecetia
ParticipantI think it would take legislation to change pensions. Future pensions could be changed, but existing ones are hands off, to my knowledge.
January 22, 2008 at 8:52 AM #140590Aecetia
ParticipantI think it would take legislation to change pensions. Future pensions could be changed, but existing ones are hands off, to my knowledge.
January 22, 2008 at 8:52 AM #140906Aecetia
ParticipantI think it would take legislation to change pensions. Future pensions could be changed, but existing ones are hands off, to my knowledge.
January 22, 2008 at 9:39 AM #140827Raybyrnes
ParticipantPretty tough to change federal pension when the people who vote for them are the same people who recieve them.
Additonally police, firemen and teachers are some of the largest organizaiotn in the country. Try getting into office while slashing their pensiions. Good luck with that.
January 22, 2008 at 9:39 AM #140607Raybyrnes
ParticipantPretty tough to change federal pension when the people who vote for them are the same people who recieve them.
Additonally police, firemen and teachers are some of the largest organizaiotn in the country. Try getting into office while slashing their pensiions. Good luck with that.
January 22, 2008 at 9:39 AM #140844Raybyrnes
ParticipantPretty tough to change federal pension when the people who vote for them are the same people who recieve them.
Additonally police, firemen and teachers are some of the largest organizaiotn in the country. Try getting into office while slashing their pensiions. Good luck with that.
January 22, 2008 at 9:39 AM #140870Raybyrnes
ParticipantPretty tough to change federal pension when the people who vote for them are the same people who recieve them.
Additonally police, firemen and teachers are some of the largest organizaiotn in the country. Try getting into office while slashing their pensiions. Good luck with that.
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