Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.
There is a valid nationwide sentiment of concern over public pensions, and poor funding ratios are viewed negatively by financial markets.
Remember our proud history of social justice, universal health care, public pensions and making sure no one is left behind. Let's continue to move forward.
Aside from the poor example it sets, the federal government enables reckless spending on public-employee pensions by offering hope of assistance from Washington if things get bad enough.
Do I want to see people take their Social Security payments and put them into private accounts, open up an eTrade account and go into the stock market? Absolutely not.
I agree that we must expand opportunities for retirement saving, but we must not undermine this worthy effort with a flawed privatization scheme that takes the 'security' out of Social Security.
We want to develop innovative ways to promote savings so more Americans can save for their future, but first we need to reject privatization schemes and work together to strengthen Social Security.
Because of fiscal responsibility, we will keep taxes low and maintain important priorities like IPERS.
I don't disagree with ending Congress' retirement program. I'm a governor; I don't have a retirement program in my state, and I don't disagree with that.
Where public pensions are concerned, many jurisdictions are running out of road.
Government pensions are among the largest cost drivers for state and local governments.
We need to cut the pensions and annuities of parliamentarians, regional councilors, and employees of constitutional bodies.
People talk about Social Security. There is no parallel between Rhode Island's pension and Social Security.
