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Old 03-18-2018, 01:07 PM   #16
Eightball
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Well, it looks like McCabe doesn't really lose his pension after all. He just can't take early retirement at age 50. Now he has to wait until 57.

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In fact, McCabe is all of 49 years old, likely 50 by the time readers see this, and what he lost out on was, as CNN much more calmly recounts, the ability to take his benefits at age 50, rather than somewhere between age 57 and age 62, and he lost his eligibility to a special top-up in benefit formula. These are, admittedly, tangible financial losses, but it is grossly misleading that various news outlets are giving the general public the impression that he has lost his pension entirely.
https://www.forbes.com/sites/ebauer/.../#1fbea87a236d
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Old 03-18-2018, 01:22 PM   #17
500grains
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Who the fuck cares if he lost his pension. Most people in the country are not eligible for a pension.

Other than military, pensions should not pay a dime before age 70 anyway. My opinion is that other than military, pensions should be eliminated and everyone should have a 401k. It appears that pensions make workers unduly lazy and unproductive.
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