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Post# of 358439
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Investorman

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Re: fung_derf post# 326766

Tuesday, 04/05/2011 1:39:34 PM

Tuesday, April 05, 2011 1:39:34 PM

Post# of 358439
The statement was that it would if they didn't make any changes. Obviously they will. The only two things you can do is reduce benefits (by raising the age as you state or lowering benefits) or increase payroll taxes.

From my point of view it isn't the best retirement system and should be replaced by something similar to the Federal Employees Retirement System.
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