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State pension systems better off after 2010 reformsJanuary 30, 2013To the editor: A Ja.... Showing 5 of 5 comments
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commonman
You are barking up the wrong tree on this one, al. I agree with your statement about legislators and I care deeply about military pensions and benefits. My family's military history goes back at least to the Revolutionary War and is continuing at this moment in the Navy.
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rangeral
common - like you care about military pensions and benefits, based on your past postings. These are federal benefits and they are not state.
No legislator - state or federal - should get anything other than a 401(k). Certainly not the pay for life for one term in office.
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commonman
I'm wondering how Al feels about military pensions and benefits? And Legislative? Just want to get it all out in the air so I don't make a comment based on one small part of your opinions...
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bystander
I would venture a guess that benefit payments were higher in the two years after the changes than in the two years preceding the changes--mostly due to baby boomers reaching retirement age.
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rangeral
How did the investments perform in 2008 and 2009? During that time was any money taken out of those funds to pay benefits?
This letter points out the rule for government reporting - only talk about good stuff.
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