Informative. I ck printed news, TV/radio news & obviously internet news but some how missed that.<quoted text>
I have a lot of younger friends that would love to have a "defined benefit" retirement plan, instead of their "defined contribution" plans (where they get to invest the money, and hope for the best.) The stock market has long flat spells. If your timing is bad, your retirement nest egg is toast. Same for other investments.
Your facts are wrong. Congress and their staff are all included in Obamacare (thanks to the Grassley amendment.) And all federal workers hired since 1984 are covered by (and contribute to) Social Security.
Now they need the same pension plans.
I still am the biggest cynic about trusting them to run a bath.
What about the Brent Spence bridge? Now it is supposedly an 'earmark' to use tax dollars to build a new bridge! What the bleep are highway & fuel taxes for? Building rabbit cages? Something is messed up. The bridge used to have a break down lane but they converted it for traffic in the 70's.