Letters to the Editor

Pension System Changes Needed Now

Letter to the editor

The pension mess is clearly an impediment to the operation of our state and calls for action immediately. The cause of the 97 billion dollar hole and current 5 billion dollar annual price tag which continues to grow is multi faceted ranging from countless failures of the state to pay what was due each year to the economic downturn that reduced the returns on investments and actions both in Springfield and locally that spiked the benefits to unreasonable levels for some. Failure to act will deprive the state of the ability to act on other challenges facing our state and puts in jeopardy the ability of individuals to be able to actually and timely receive pension benefits they earned and are entitled to in addition to the continued …

•  3 Comments
• Photos (1)