ursaminortaur wrote:Lootman wrote:ursaminortaur wrote:I agree that it is unfair that the government steals the employee contributions and doesn't really make an employer contribution and it would be really really unfair if the government were then to not honour the promises it had made in exchange.
But it is also "really unfair" that the rest of us have to pay for our own pensions and for public sector workers as well.
Sorry that is nonsense - It is as stupid as saying that it is unfair that customers who are paying for their own pensions are also having to pay for private sector pensions. Unless you are suggesting that employees should not have any occupational pensions then any pension they had would have to be funded by the employer and that would come from whatever source the employer obtained their money.
Disagree. Those pensions could be funded by employee contributions, just like mine was.
But given their generosity there is probably no level of employee contributions that could sustain them, so instead it is just dumped onto the lap of the taxpayers.
We will end up like Oakland, California which had to lay off cops in order to continue paying the pensions of the retired cops.