Pensions root of crisis
Thursday, August 8, 2013 - 8:20 am

It is time that public employees face parity with private employees. The time for change has come. Public employees make equal or larger salaries than private employees. They no longer need to be recruited by the “carrot” of extensive retirement benefits. It makes no difference whether you review the village of Potsdam with its exorbitant property taxes, the schools which are supported by crushing taxes, New York state, the federal government or Detroit; the root cause of financial problems is the public pension plans and retirement benefits.

 

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