I don't know if this topic has been discussed before but here goes...
With many local, state and national government budgets being stretched and many of them struggling to balance their budgets, would you be in favor of publicly funded pensions (i.e. teachers, public sector employees, military, etc.) starting at an older age. For example, instead of being able to collect a publicly funded pension at age 55, the earliest age to collect that pension would be pushed out to 62 (or later)....similar to social security. Wouldn't this go a long way towards reducing public spending and deficits?
NOTE: I'm assuming that anyone currently collecting a publicly funded pension would be grandfathered in. Also, any changes should be done in a phased approach.
With many local, state and national government budgets being stretched and many of them struggling to balance their budgets, would you be in favor of publicly funded pensions (i.e. teachers, public sector employees, military, etc.) starting at an older age. For example, instead of being able to collect a publicly funded pension at age 55, the earliest age to collect that pension would be pushed out to 62 (or later)....similar to social security. Wouldn't this go a long way towards reducing public spending and deficits?
NOTE: I'm assuming that anyone currently collecting a publicly funded pension would be grandfathered in. Also, any changes should be done in a phased approach.