Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!


Forgot your password?
Get HideMyAss! VPN, PC Mag's Top 10 VPNs of 2016 for 55% off for a Limited Time ×

Comment Re:What's so "unreasonable"? (Score 1) 183

This actually happens in state government too - politicians or talk show hosts say the pension isn't viable (ie - they take in less than they have to pay out). You look at the data and its like yeah if every single employee retires right now this very second - no they cannot pay it all out, but the data overwhelmingly shows they can keep up with the rate of retirement.

I have no clue, but I'd guess that if everyone collecting a 401k (or a 403b if you are a gov employee) - retired today - it probably couldn't pay 100% of it out either. But that's not going to happen - you have to be 65 to even start collecting it.

I honestly think its just a way to screw over the rest of us still collecting a pension. So they can't just dissolve it with a pen, so what they do is start changing parameters on it enough until it screws over the entire organization and the people who paid into it (by law!).

Slashdot Top Deals

"The following is not for the weak of heart or Fundamentalists." -- Dave Barry