The average retired federal employee receives a pension (retirement plan) of $32,824 annually. Total unfunded pension liability for all U.S. cities and counties is an estimated $574 billion. In addition to their pensions, federal employees are offered a 401(k) plus 5% matching, whereas the average private employee is offered 3 percent matching of 401(k) without pension.
@ISIDEWITH9yrs
No, privately managed accounts will jeopardize the financial security of senior citizens
@ISIDEWITH9yrs
Yes, pension spending is out of control and must be reduced
@ISIDEWITH9yrs
Yes, but only for future workers
@8GPQNKC2yrs
That should be up to the government worker
@98W7CKQ1 day
I would need more information
@98W5TP91 day
Let anyone do what they want its their future.
@98V95N23 days
Yes, provided these plans are insured by the government and the private entities are held to the highest standards of fiduciary duty
@98TGR6L4 days
Don't have much knowledge on topic.
Yes, privatize all government pensions, and privatize social security. Encourage business to start an additional pension fund through tax credits
@98N29VQ2wks
Yes, because if we don’t, it will jeopardize the financial security of our senior citezens.
@98M33SY3wks
No particular opinion.
@98LDCB63wks
Up to each individual company’s employees
@98LD89W3wks
No, increase pension spending and offer public pensions to the private sector
@98L2Q223wks
Pension for bigger corporations and no pensions for smaller businesses
@98JLYRD3wks
Yes, If workers want to
@98JL67C3wks
Not enough knowledge to decide
@98JBY7G3wks
No, this should be a personal choice for each individual
@98JBTLX3wks
The workers should have a say in how their money is invested. Also Social Security, all the money that one puts into the system should be returned to the family if the individual dies before they reach the age to receive it. They put in a heck lot more money than $255.
@98HH3HJ4wks
Every decision depends from workers to transition their pension plans into private or public managed accounts
Pensions for federal workers, especially senators and congressman should be terminated
@98GGSQQ1mo
If the worker desires that it should be an option
@98DRS8T1mo
I dont really have opinion on this, due to my relatively lacking knowledge about finances and plans. As such, I am neutral towards this
@98CKJRR1mo
No, and eradicate privately managed accounts and mandate a return to pensions across the private sector.
@98BX3T82mos
No, pension plans should remain in place to provide a stable income for government workers.
@98B5HH62mos
No we should have a mixed system
@989DSZB2mos
Yes, people should be able to have a choice.
@98998VC2mos
Yes, but it should be done in a way that protects the benefits of those currently relying on public pension plans.
@9882SRX2mos
Abolish pensions for civil duties
I do not understand this questions even after learning more.
no, but private accounts should be offered as an option
@984YF3W2mos
no, but make private accounts an option
@9844ZCZ2mos
Yes, but provide significant oversight to ensure the financial security of senior citizens is not jeopardizd.
Yes, if the workers want to
It depends on how broke the government is
@97YLKYD2mos
@97XMLJ42mos
Yes but annuities should be the primary appeal for these funds
@97X37SP2mos
I don't understand how this money moves and as long as it does not take money away from the general citizens it can be disposable income to keep the economy rolling.
@97WTZSZ2mos
The person should manage their own pension
@97WPYT62mos
No, all plans for citizens by government should be public.
@97WH9J72mos
Should be chosen by worker
yes, financial literacy is very important and learning to invest money yourself is part of that
@97W5VZD2mos
No, both are fine and should exist.
@97V7WFY2mos
no, but offer privately managed accounts as an option to those willing to assume the risks
@97T43P82mos
no, but this should be offered as an option to those willing to accept the inherent risks
@97SR4XT2mos
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