Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
John Fugelsong: Dear NJ retirees who were promised pensions: (Original Post) Playinghardball Jul 2015 OP
It should be against the law yeoman6987 Jul 2015 #1
you can bet your ass that christie's pension is safe spanone Jul 2015 #2
How long until "We are all Greeks?" libdem4life Jul 2015 #3
Public employees pensions 1939 Jul 2015 #4
And Florida just adjusted their pension plans for new hires madville Jul 2015 #5
Remember, when he first ran he told the Gloria Jul 2015 #6
 

yeoman6987

(14,449 posts)
1. It should be against the law
Wed Jul 8, 2015, 02:42 PM
Jul 2015

to change retirement plans, COLA's, age requirements, years of service requirements the day you are vested. Additionally SS should not be tampered with once you have 40 quarters.

It is total bull crap to mess with people that were promised such and such and fulfilled their obligations. That goes for private companies. They should have to set aside money for those who are employees.

1939

(1,683 posts)
4. Public employees pensions
Wed Jul 8, 2015, 05:01 PM
Jul 2015

The national average for funding of state pensions is 70 per cent.

Florida state pensions are funded at 85 per cent which makes Florida the fifth best state for pension coverage.

States with better pension funding coverage than Florida are Alaska, North Dakota, South Dakota, and Nebraska.

madville

(7,412 posts)
5. And Florida just adjusted their pension plans for new hires
Wed Jul 8, 2015, 05:07 PM
Jul 2015

Their high risk pensions just went from a retirement age of 55 or 25 years of service up to age 60 or 30 years of service. The changes only apply to newer hires though.

Gloria

(17,663 posts)
6. Remember, when he first ran he told the
Wed Jul 8, 2015, 05:48 PM
Jul 2015

teachers that he considered their pensions "sacred.".....

Even my cousin said she was "so disappointed with Christie." I asked her why? he was a crook before he ran and the only reason he won was because there was a third candidate to draw off Corzine.

Now, Corzine was no good either...

You can say that Jersey really had NO good choice then...and may never have a good choice...

Tom Kean, Brendan Byrne, the much hated Florio, who actually told the TRUTH about raising taxes, and Millicent Fenwick...all had more class than what's in Jersey now...

Latest Discussions»General Discussion»John Fugelsong: Dear NJ r...