Originally Posted by Brucev
Pensioners should be paid exactly what they are due. If a state has underfunded the pension, the state should be held liable for the full amount. Let the taxpayers of that state pay up. And... let the burden of paying be applied across the board to all persons... i.e., real people and even the faux corporate persons.
I suppose this also applies to SS and Medicare, whose funds have also been raided for welfare spending for decades? See why budget solutions become so difficult to enact? This fiscal irresponsibility is unfair but if every program is kept in place with no reforms, then the resulting massive tax increases lower your pay during the years that you're raising kids and paying off a mortgage, so that's not exactly desirable either.