Stothert proposed phasing out traditional pensions for city's civilian employees, despite brighter b

[SheilaT]

1. This is scary.

I don't happen to work for any municipal government, but all over the country they are doing their best to shed pension responsibilities, the same way so many private corporations have.

I can also say that I recall reading probably 30 years ago that municipal pensions, teachers pensions, and so on were going to be in serious trouble long term, as even then they weren't being funded properly.

Worst of all, in my opinion, is the way cutting or eliminating these pensions is justified by trying to get the taxpayers to think of them as highly unfair and too much of a good thing for the recipients.