Posted on Mar 22, 2018
San Francisco is officially $10 billion in the hole
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Posted >1 y ago
Responses: 3
Government pensions should be illegal, all retirement benefits should be paid out on an annual expense similar to a 401K where the money is actually transferred in the pay period the pension is earned. Healthcare should be treated the same, individuals should retain their plan payments into a complete life insurance plan, use it for healthcare in late term life any money unused transfers to your inheritance. Don't have the funds in your savings for a $2 million dollar quadruple bypass surgery when your 85, well guess you don't get it. The actual approach would solve so many issues with our current system.
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CPT Jack Durish
There are many things that we could do but don't expect anything to change. The public service and teachers unions are too well entrenched. Employees are required to pay dues even if they don't belong and these unions are among the largest campaign contributors. Thus, their bosses, our elected representatives, have a vested interest in keeping them happy at our expense.
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So many different meanings to in the hole in SF :) Yeah I am not nice, I get it.
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