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Subject:  Re: Proposal to end public pensions Date:  7/11/2013  10:01 AM
Author:  JLC Number:  428465 of 535204

... and governments properly funded them...

And the biggest problem with that is the government(s) can project 12% return on investments. Most of us would be crazy to plan for anything greater than 6% if we know we're having to take living expenses out every year.

Anyone that can get 12% over 20 plus years is usually considered one of the top investment players. It is ludicrus to think the government is that good.

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