07-24-2009, 04:39 AM
If I were a state employe, I would much prefer to simply get a bigger paycheck than participate in a pension plan. I could then choose to invest or save the money as I saw fit.
States can of course choose to tax people to bail out their pension funds, but people can also make a choice by leaving a state if they feel their taxes are too high.
A bird in the hand is worth two in the bush...
States can of course choose to tax people to bail out their pension funds, but people can also make a choice by leaving a state if they feel their taxes are too high.
A bird in the hand is worth two in the bush...