Kentucky pension bill to include 6% l...

Kentucky pension bill to include 6% lottery sales tax

There are 3 comments on the The Courier-Journal story from Feb 22, 2013, titled Kentucky pension bill to include 6% lottery sales tax. In it, The Courier-Journal reports that:

House Democratic leaders said Friday that the House will pair pension reform with a 6 percent sales tax on lottery tickets to help pay down annual retirement contributions.

Join the discussion below, or Read more at The Courier-Journal.

oldman

Winchester, KY

#1 Feb 24, 2013
whose dam pensions are they talking about? what happened to the money in their pension fund? the rest of the people should not have pay their dam pension for them.let them draw out what they put in like i do.if somebody stole the money put them in prison.
QUITTNER

Toronto, Canada

#2 Feb 24, 2013
5:38 pm, Sunday, February 24, 2013:
RE: Kentucky pension bill to include 6% lottery sales tax
..... Many people don't seem to understand that it is impossible in the long run to keep borrowing a part of the cost of anything, instead of charging people to pay for something in full. In any insurance scheme, such as pensions, there should always be premiums that are high enough to pay at least for everything. How and where from to get all of that money is a political decision.
..... As for pensions, those who live longer get (a lot?) more money than they paid in premiums, while those who die soon get (much?) less than they paid in as premiums.

Since: Sep 12

Makati, Philippines

#3 Mar 6, 2013
I think they should get their pension from what they already paid for. Why other people have to shoulder their pensions? It's just not fair.

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