Politics As Usual

I get kind of queasy this election season when politicians suggest that government pensions should be replaced by 401(k) plans for government workers.  I guess because 401(k) plans have worked so well for the private sector. As if.

While I understand the cost involved with providing pensions and how they will become a black hole for government like Social Security, I thought the beauty of government work is the great benefits. If you take away the benefits, will that stop government from being able to recruit skilled employees? Just wondering.

This entry was posted in 401(k) Plans, Retirement Plans. Bookmark the permalink.

One Response to Politics As Usual

  1. Pingback: Tweets that mention Politics As Usual | The Rosenbaum Law Firm P.C. Blog -- Topsy.com

Leave a Reply

Your email address will not be published. Required fields are marked *