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100 sats \ 1 reply \ @Undisciplined OP 22 Jan \ parent \ on: Government Employee Pensions Are Underfunded. Taxes Will Make Up the Difference econ
When you think about the incentives at play, there's just no chance that they would have implemented a responsible defined benefit scheme.
They get credit with the labor leaders for having generous pensions, plus they get less grief from employees, and publicly they just make up some bullshit about how the numbers will work out decades down the road when they will have long since retired.