liberal decisions tend to reinforce labor agreements which tend to stymie innovation.
then companies move on and the union blames the company.
sort of like the buggy whip analogy
the issue i have with retirements is simply this. for most rank and file including military, police, and at least half of government workers, is that they gave up a higher paying salary to work for the government in exchange for job security and lifetime benefits. i'm actually ok with that.
where it becomes a problem is with the upper echelon and government carving out benefits for themselves above and beyond that. when general's retire, they don't really need protective retirement benefits like people who retire at e9, as they can easily get a job in the private sector typically for more money, while the e9 can not.
we have lost site of the idea of what the protective retirement was set up for. it wasn't set up to double, triple dip, transition to a higher salary, often in the same line of work for a different city, with transition retirement benefits to supposedly attract the "best" talent.
i am FOR a reasonable retirement system for public employees. i am NOT for a lucrative golden parachute retirement package beyond what the plan was set up for in the first place. a way to reward people for choosing to work for us, the taxpayer.
the retirement system shouldn't be set up with incentives for abuse where trustees can bribe their way to riches, have meetings in hawaii and live beyond the intent of the retirement system for public employees.
everyone probably has relatives who perform public service and hold them in high esteem as do i. unfortunately, it is extremely difficult to rein in the abuse and extravagant payouts to those at the "top" who shouldn't have any reason to get a pension beyond the original intent of the pension in the first place.
we have lost our ability as a society to teach our children to save for their future. once they have been desensitized to that "reality", it is too late, as once they reach 40 or 50 when they see the destruction it causes, they haven't provided for their future and are behind.