Readers have their own take on the system. Says Chris:
Anyone that can add and multiply knows PERA isn't and can't be sustainable.Michael explains:
Maybe it would be if the legislature had funded it as it was supposed to, and much of the money wasn't going to hedge funds.Chris asks:
So all of us are supposed to contribute to YOUR retirement? Even fully funded it will still collapse under the weight of future retirees.Dustin argues:
I don't mind paying public servants to retire. That's how countries work.And Kyle concludes:
Good. Get a real job and save for your retirement don't suck on the teat of the taxpayer your whole life.
Keep reading for links to Sirota's stories about PERA.