The average retired federal employee receives a pension (retirement plan) of $32,824 annually. Total unfunded pension liability for all U.S. cities and counties is an estimated $574 billion. In addition to their pensions, federal employees are offered a 401(k) plus 5% matching, whereas the average private employee is offered 3 percent matching of 401(k) without pension.
@ISIDEWITH11yrs11Y
No
Employees agreed to perform a specific job with a defined set of compensation. Changing the employees' compensation violates this agreement. If you would like to change the compensation for future employees that may be fair but keep in mind that those interested in the job may not be as eager to apply if the compensation has changed. This is already visible in many public service areas.
@ISIDEWITH11yrs11Y
@ISIDEWITH11yrs11Y
@ISIDEWITH11yrs11Y
@cryingleftist4yrs4Y
It should be up to the worker in question whether they'd like to or not.
@52P5M5SLibertarian4yrs4Y
I think it should the be workers choice but give incentives for private accounts and insure that the worker will not lose any money if they choose to privatizetheir pension plan.
@8GPQNKC4yrs4Y
That should be up to the government worker
No, but I think it should be the workers' choice, therefore give incentives for private accounts and insure that the worker will not lose any money if they chooses to privatize their pension plan
@975GXH82yrs2Y
If the government worker wants the plan to be transitioned to a private account that should be allowed.
@98LD89W1yr1Y
No, increase pension spending and offer public pensions to the private sector
@979QPS72yrs2Y
yes, but this should be an option rather than a requirement
@978JH27Republican2yrs2Y
Yes, only if those workers choose to do so.
@8D7J9N34yrs4Y
Yes, subject to the worker's discretion
@9M3KVCG5 days5D
Due to some people's financial situations and financial knowledge, I think that it should be optional.
@8XSCS7M2yrs2Y
@8XSC9X82yrs2Y
It should be the choice of the employee, they should choose between the two options.
@8X8QXB8Republican2yrs2Y
Yes, just so spending doesn't get to crazy
@8WXX55XIndependent3yrs3Y
Yes. Pension plans should be reformed so they do not cripple government budgets. There should be an option for workers to put their pensions into a portion or all of their pension into a private account in their name that the government legally cannot touch. There's also a chance that the government spending can get out of control and then have trouble meeting their pension obligations to their workers
@8WQMK293yrs3Y
It should be a choice for each government worker to make.
Depends on specific scenario.
@8WP52XB3yrs3Y
End government penssions
@8WMGJGF3yrs3Y
Employee should be offered a choice.
@8WMF7Z53yrs3Y
Yes, but those accounts should be held to strict standards to ensure the security of funds for those workers who earned them.
@8WGSBQRLibertarian3yrs3Y
Yes for future workers, current workers and retirees should have the choice of whether to transition to private accounts.
@8WGNDTVIndependent3yrs3Y
You should be able to have the option to chose what you want.
@8S63MXL3yrs3Y
What are pension plans...?
@8S6B8BK3yrs3Y
No, but you should have the option to do so if you want.
@8S5YMHWProgressive3yrs3Y
No, but some pension plans should be reduced.
@8RN2J9V3yrs3Y
I feel that I am not educated enough on this issue to contribute a stance.
@8RMYGPC3yrs3Y
No, we should abolish pension plans for government workers
@8RJS6QRRepublican3yrs3Y
No and the workers should have access to there own pension plans not the government.
@8RJGHJC3yrs3Y
Yes, but only if it's optional
@8RJBHGN3yrs3Y
Government does nothing to add to the GDP...it is a consumer, not a producer. Pensions (and salaries) should be commensurate the level of production and ratio of benefit to burden in doing so.
@8RHVB5M3yrs3Y
No, but you should allow the worker to choose if they want to make it a private account.
@8RHB6NK3yrs3Y
Pension plans for senators and congressmen/women should be ELIMINATED and they should be FORCED into the same Social Security Plans average citizens are forced into. Other state and local government workers should be transitioned into Private Accounts
@8RDKWK73yrs3Y
Well if we reduced the pensions, pay rates, and benefits of our senate and house reps this problem would likely reduce. limiting terms would aid in this too.
@8RDHLNV3yrs3Y
Let the people choose for themselves
@8RCSRBM3yrs3Y
should be decided by the employee
No, but the option should be open.
@8NRFM5L4yrs4Y
Yes, everyone should manage their own pension/retirement plan privately, or at least be given the option to do so.
@8NQYT394yrs4Y
Yes, it should be allowed but not manitory.
@8NQ96V34yrs4Y
This decision should be up to those receiving a pension
@8NPZ6934yrs4Y
i don’t have an opinion on this topic
@8NPMD3P4yrs4Y
Yes, if the worker wants it to.
@8NMLD3L4yrs4Y
Yes and we the taxpayers SHOULD NOT FUND IT! Let them fund themselves like other Americans!
@8NMGWTC4yrs4Y
Yes, but it should still have a baseline pension model.
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