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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (130444)4/18/2012 2:50:25 PM
From: sm1th2 Recommendations   of 224748
 
In 2006, while Repubs still controlled Congress, the P.O. was required to prefund 75 years of retirement benefits in 10 years time. There is the problem.


Yes, it is a problem that the PO gives any defined benefit pension. If they switch to 401 like the rest of us, there is no pre-funding requirement.
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