Public pensions could be too high in some places / to some people / could be capped at some amount
By Hicbd
Fri Aug 25 2023 11:28 am
"Why should hard-working Californians, many of whom face uncertain retirements, be asked to pay higher taxes, or endure painful budget cuts to schools, public safety, parks, and hospitals, to fund gold-plated public pensions? They shouldn’t...Making matters worse, thanks to complicit politicians, the state and local governments have failed to adequately fund these overly-generous pensions. The large and growing public pension debt crisis is the inevitable result."
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