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“Governments aren't businesses. Running on sound business principles is one thing. Welshing on pesnions after they are earned is ethically and morally wrong. Further, it has lasting and negative impact on our economy as seniors, having worked their enitre life for a fixed benefit plan, find that plan puned to a shadow of its former self. In teh interim get out of the pension business with new employees and work to get an alternative retirement benefit inplace.”

From a Democrat in Montgomery, AL
In reponse to: Should pension plans for federal, state, and local government workers be transitioned into privately managed accounts?

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Yes