Quote:
Originally Posted by retiredguy123
I don't know what their retirement package is, but I think all public pensions should be eliminated and replaced with 401K plans. Pensions are just too expensive. Also, it is impossible to predict the future cost. Almost all private companies, who need to make a profit to survive, have eliminated their pensions.
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We have public pensions because of the nature of our jobs. Managed QUITE well as a matter of fact. I’m in the Ohio Public Employees Retirement System and proud of how our retirement has been managed. I can’t help I was a public servant. YOU TOO COULD OF HAD THE SAME OPPORTUNITY!!