So wrong. Teachers do have unions here in Texas and they do have pensions too. Not that they don't deserve them. My point is that if a union scored a big pension deal and we, the tax payers, could not afford to pay it, we via our elected officials should have the unilateral right to reduce it. We should NOT be forced to pay for it if it turns out later it can't be afforded. The pension should be cut or let it run out of money. Further taxes can not be a mandatory part of the picture is what I'm advocating.
This is why pensions are not necessarily a good idea in the first place. The idea that someone can guarantee you a certain payment level in the future is somewhat speculative to say the least.
http://teachersunionexposed.co...
http://en.wikipedia.org/wiki/T...
This is just one example, there are literally 1000s of others.