Quote:
Originally Posted by Slava
It’s not about saving me money. It’s about the fact that these pension plans are incredibly expensive in general and society cannot fund them. The math simply doesn’t work. If you’ve got any evidence aside from platitudes, I’m all ears.
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You haven’t presented anything that suggests we actually can’t afford them, you just keep repeating that we can’t. Now you want me to prove that wrong?
We live in one the lowest taxed jurisdictions in the country so it’s asinine to suggest we’re at capacity as it relates to what we can afford for public sector compensation or that we’re anywhere close to the only option being to start taking away DB pensions.
Also, whether it’s intentional or not I noticed you’ve avoided explaining how the existing pension plans will remain solvent once you stop adding new employees to them.
For all your talking points about how the private sector has moved away from DB pensions because they’re too expensive, you never seem to explain why they are considered unsustainable but things like multimillion dollar CEO compensation and severance packages are still somehow deemed affordable by the same penny pinching system.