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When an arbitrator ruled this month that Detroit could reduce the pensions being earned by its police sergeants and lieutenants, it put the struggling city at the forefront of a growing national debate over whether the pensions of current public workers can or should be reduced.
...officials in strapped states from California to Illinois have begun to take a second look, to see whether there might be loopholes allowing them to cut the pension benefits of current employees. Now the move in Detroit — made possible, lawyers said, because Michigan’s constitutional protections are weaker — could spur other places to try to follow suit.
“These things do tend to be herd-oriented,” said Sylvester J. Schieber, an economist and consultant who studies pensions.
Originally posted by Danbones
The good thing is
due to inflation and devaluation most of the pensions HAVE already been STOLEN
to bad workers,
take that minions
They couldn't steal the pensions out right because the public serpants (minions) would revolt
so they stole them while the minions were out stealing our money
to give to the PTB too
man I got to tell you are IGNORANT AND DUMB
please do not wine
wining is reserved for the people
you screwed for the PTB so they could afford to set up
to steal your pension