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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (350441)	1/30/2003 4:08:26 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769670

cash them all out of their pension plans I wonder what that would do to the budget deficit.

To: goldworldnet who wrote (350441)	1/30/2003 4:09:05 PM
From: SecularBull	Respond to of 769670

Really. Social Security ought to be enough for them. ~SB~

To: goldworldnet who wrote (350441)	1/30/2003 4:52:00 PM
From: ManyMoose	Read Replies (1) \| Respond to of 769670

That would be the corporate way, wouldn't it? I say, cash them all out of their pension plans. The trouble is, I made my choice and my contract with the government 38 years ago. It's too late for it to change the rules unilaterally now. For me, that is. Maybe not for the government. And by the way, I'm a CSRS (Civil Service Retirement System). The FERS (Federal Employee Retirement System) employees have the same Social Security account everybody else does, and the rest of their retirement is in the Thrift Savings Plan. The TSP is composed of a half-dozen or so index funds. The government puts in 5% and matches up to 5% (don't quote me on the numbers). The rest is employee contributions or nothing, just like a 401k.