A reminder that public pensions for many, if not the majority,...

[SHRED]

....are in-lieu of of Social Security.

In other words Social Security was given up and a modest retirement plan was negoiated in it's place.

So are are rightwingnuts suggesting that public employees go without anything except maybe 401K?
Are they willing to give up their Social Security?


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[spartan61]

1. Good point!!

[City of Mills]

2. Most teachers only have a 403b option

There are important differences, but 403b plans tend to be limited.

See http://www.ehow.com/about_6193277_401k-vs_-403b-comparisons.html or Google "401k vs. 403b".

[annabanana]

3. THIS has to be kicked & rec'd up into the public consciousness. . n/t