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Comments made by Suzie

Who's Responsible For City's $2 Billion Pension Deficit?

During the discussion about the City's pension woes, a woman called in with her comments, which included the statement that City employees do not pay into Social Security. Your panel members totally ignored that in their responses.

I am not defending the City's retirement policies,- they are certainly in a pcikle and the solution will proably have to include sacrifices by the City AND its employees. But... is it fair to treat and comment about their retirement fund as if were an ordinary investment of one's disposable income? There are public employee groups, including the City and STERS, that do not have the financial benefit of Social Security, like most/many of the rest of us, when it comes time to retire..

May 9, 2010 at 7:28 a.m. ( | suggest removal )