Quote Originally Posted by grump View Post
Leftie, the new tiers will help in the long run assuming that the state legislature doesnít buy off the unions by sweetening the existing tiers. They did that in 2000, sweetening Tier 4 by eliminating employee contributions after 10 years membership and then, of course, they had to do something equally nice for Tier 2 so they gave them 2 years service credit for time they didnít work. Thereís nothing to prevent them from doing something similar for Tiers 5&6 in 2020. They can enhance the Tiers anytime they want to but they canít reduce them once adopted.
Good point. Man it's depressing.