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Thursday, December 20, 2012

Putting a face to the pension issue. « Fred Klonsky

Putting a face to the pension issue. « Fred Klonsky:


Putting a face to the pension issue.

Rich Miller of Capitolfax puts a face on it.

One of the things I talked about in my City Club speech yesterday was the fact that the pension reform debate has been far too heavily dominated by people who blame the scammers for all the problems. All the major media outlets have run stories about how this or that person was able to scam a really sweet pension deal.

Lost in this debate, though, is the very hardcore fact that in many ways we’re talking about giving the shaft to little old ladies who depend on their monthly pension checks.

* So, I called the State Employees’ Retirement System today to ask a question: