General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumsyeoman6987
(14,449 posts)to change retirement plans, COLA's, age requirements, years of service requirements the day you are vested. Additionally SS should not be tampered with once you have 40 quarters.
It is total bull crap to mess with people that were promised such and such and fulfilled their obligations. That goes for private companies. They should have to set aside money for those who are employees.
spanone
(135,915 posts)libdem4life
(13,877 posts)1939
(1,683 posts)The national average for funding of state pensions is 70 per cent.
Florida state pensions are funded at 85 per cent which makes Florida the fifth best state for pension coverage.
States with better pension funding coverage than Florida are Alaska, North Dakota, South Dakota, and Nebraska.
madville
(7,413 posts)Their high risk pensions just went from a retirement age of 55 or 25 years of service up to age 60 or 30 years of service. The changes only apply to newer hires though.
Gloria
(17,663 posts)teachers that he considered their pensions "sacred.".....
Even my cousin said she was "so disappointed with Christie." I asked her why? he was a crook before he ran and the only reason he won was because there was a third candidate to draw off Corzine.
Now, Corzine was no good either...
You can say that Jersey really had NO good choice then...and may never have a good choice...
Tom Kean, Brendan Byrne, the much hated Florio, who actually told the TRUTH about raising taxes, and Millicent Fenwick...all had more class than what's in Jersey now...