$1 trillion unfunded military pension liability

[Lineman]

But Mitch wants to cut Social Security benefits.... benefits the retirees paid for out of their own money during their work lives.

No mention of cuts to military retirees pensions funded by taxpayers...

[Captain Obvious]

Another progressive ponzi scheme?

Links help, Gomer.

[Common]

But Mitch wants to cut Social Security benefits.... benefits the retirees paid for out of their own money during their work lives.

No mention of cuts to military retirees pensions funded by taxpayers...

and there should NEVER be any cuts to military retiree pensions, take it out privledged dodge drafting piece of crap like Donald Trump and the Koch Brothers.

[Peter1469]

State and local government pensions are at a $1T shortfall. (http://www.valuewalk.com/2015/07/pension-fund-liabilities-2014/)

I have never seen anything about military retirements. I do know it is a big part of DoD's budget and it is not likely that they are underfunded.

[Captain Obvious]

State and local government pensions are at a $1T shortfall. (http://www.valuewalk.com/2015/07/pension-fund-liabilities-2014/)

I have never seen anything about military retirements. I do know it is a big part of DoD's budget and it is not likely that they are underfunded.

From the article:


total unfunded U.S. state and local pensions likely topped $1 trillion in 2014

So the OP was a lie basically.

[Mac-7]

But Mitch wants to cut Social Security benefits.... benefits the retirees paid for out of their own money during their work lives.

No mention of cuts to military retirees pensions funded by taxpayers...

I don't think McConnell wants to cut current retirees but rather changes for the future.

[Mac-7]

I would like to see a reduction in force for civilian employees equal to the reduction in active duty personnel.

Its only fair that Obama voters take a hit also.

[donttread]

But Mitch wants to cut Social Security benefits.... benefits the retirees paid for out of their own money during their work lives.

No mention of cuts to military retirees pensions funded by taxpayers...

Unfunded? Really? That's even dumber than most government policy

[Lineman]

http://m.pionline.com/article/20120123/PRINT/301239975/budget-puts-military-pension-plan-in-cross-hairs

I figured google was easy for yall, that way my link source wouldnt become the topic.

[Tahuyaman]

$1 trillion unfunded military pension liability
But Mitch wants to cut Social Security benefits.... benefits the retirees paid for out of their own money during their work lives.

No mention of cuts to military retirees pensions funded by taxpayers...

Do you propose eliminating military pensions or something? What's your point here?

[Lineman]

What is so difficult here?

Taxpayers provide those pensions for the military.

Mitch is planning to CUT retirement benefits to taxpayers who funded their own benefits, while no mention of the military pensions being cut while running far deeper into the abyss.

Read the article and then tell me what Mitch is afraid of.

[donttread]

Do you propose eliminating military pensions or something? What's your point here?

Have a damn funding plan before you offer these pensions. These men and women have a deal and the pension is why many stay. You can't change the deal now. You can change the deal for those coming in now , which might be a great way to down size the military.

[PolWatch]

Have a damn funding plan before you offer these pensions. These men and women have a deal and the pension is why many stay. You can't change the deal now. You can change the deal for those coming in now , which might be a great way to down size the military.

Yes, they can change the rules. The final act of Congress 2014 passed a law that allowed them to cut pensions for current retirees in plans that were ruled underfunded. Some of the retirees lost 1/3 of their pensions. Of course, this didn't apply to Congressional retirees....recipients of pensions from the most underfunded organization of all....the US government.

[donttread]

Yes, they can change the rules. The final act of Congress 2014 passed a law that allowed them to cut pensions for current retirees in plans that were ruled underfunded. Some of the retirees lost 1/3 of their pensions. Of course, this didn't apply to Congressional retirees....recipients of pensions from the most underfunded organization of all....the US government.

[donttread]

Good point , they cam and will do anything and everything we the sheep allow them to

[Lineman]

Not that long ago, the military pension operated on Paygo. Congress changed it to this mess we have now so they could raid the fund, and create debt so banks could collect interest.

Our government works for themselves.

Term limits would be a great first step in the right direction.

[donttread]

Not that long ago, the military pension operated on Paygo. Congress changed it to this mess we have now so they could raid the fund, and create debt so banks could collect interest.

Our government works for themselves.

Term limits would be a great first step in the right direction.

Funds should be earmaked and kept out of the "general fund" AKA pit of bottomless spendiing