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Old 05-22-2009, 09:16 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,299
Quote:
Originally Posted by TheSenator View Post
Cutting out pensions for teacher and police means that the state would pay back every dollar they put in and end the program.

The pension program in California is out of control and not well funded. You have towns either putting off paying into the pension program or borrowing. Getting rid of the pension program would save the state billions and would root out corruption(double dipping).
As much as I think a lot of the federal pensions and federal employee benefits are ridiculous, you cannot simply take away somebody's pension. People take a specific job because of that pension... they pay into that pension... they work for that pension...they plan their lives around that pension... you can't take it away. What you can do, is start taking away some of the cushy federal benefits for future and quite possibly current employees.
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