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“Pensions must be reformed because of the number of retirees and increased life-spans. To my knowledge, the pension system itself, or at least the practice of it, is not inherently problematic. We have simply reached a point where it is no longer feasible to offer such large pension packages to all workers.”
From a Democrat in Modesto, CA
In reponse to: Should pension plans for federal, state, and local government workers be transitioned into privately managed accounts?