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0 pointslotsofpulp2y ago0 comments

> demanding more money so that retirees can move into that villa on the golf course in Florida and consume until the dementia sets in.

There are also the taxpayers that need the government pension funds to make good on investment assumptions, lest taxes have to go up.

Edit:

Politician A: I will remove all deferred compensation schemes, but have to increase taxes to pay the employees with money today

Politician B: I will pay the employees with deferred compensation, and keep taxes lower than politician A, and let future taxpayers deal with any problems of underfunding and corruption

Politician B wins every election.

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lenerdenator2y ago

And politicians who keep making promises about a solvent pension fund because it's not fun for them if it's not solvent, and unions/retirees are much better at voting than the average person.

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