I'm NOT going to work overtime to bail out these Dem pie in the sky government employee pension funds. Sky high pension and free healthcare benefits for life costs promised to government workers by politicians to PURCHASE THEIR VOTES. They have been under funded for decades, that's on those states and Dem politicians.
Bullshit. Those who enter public service are paid much less than they could earn in the private sector. The purpose the pension plan is to help compensate them for that lower rate of pay, knowing that they are less able to save for retirment than those in the public sector.
When those pensions were first given to public sector worker, all big unions had pension plans. Of course Reagan ended the unions and the worker's pensions which came with them. Between the destruction of unions and the off-shoring of low end manufacturing, worker pensions became a thing of the past.
Now resentful fools like you, instead of demanding pensions for yourselves, are demanding an end to civil service pensions. Stop settling for less and less in life.