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Old 11-10-2018, 10:16 AM   #55
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Since state employees are a large voting block, it is tempting for politicians to promise better pensions.

The problem is that a future set of tax payers will get the burden of paying for it.

For this reason, I would prefer a more direct, pay as you go approach to retirement benefits.

Retirement contributions made to the employee's own account each pay period that can't be diverted for other use by politicians seems more sensible.
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