Extra contributions to keep it going (it will become never ending, as people are living longer and the workforce to pensioners ratio is getting smaller and smaller).
Why does a 67 year old pensioner need $4000+ in company pension, plus SS pension, and earn more money then he ever had during his working years ?
Just another example that the next generations will need to make up for it, and pay the price.
(live today, and not for tomorrow attitude).
Exactly Upstate !
You hit it on the nail, that is what I meant.
No raises to pay for pension, then no raises to pay for medicare, no "net" raises to pay for more taxes, etc....