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Failure by that committee would trigger automatic cuts in programs beloved by Democrats and Republicans, respectively, unless Congress later this year passed a Constitutional amendment requiring balanced budgets.


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Your point 3 is internally inconsistent. If your pension is a function of your salary in your final years of work what you made 30 years ago does not matter.

It looks like you deliberately wrote it so as to create a false impression.


I have to agree. My father worked for a large corporation who had the reputation of laying middle-aged people off when they got close to being vested--so the pension was worthless. Long after he left, people started filing age discrimination lawsuits about it.

Just recently, I was talking to someone who worked at K-Mart for many years. She and a group of other workers were given the choice of retiring and taking their pensions, or going down to part-time. Amongst her group, the monthly pensions ranged from $15 to less than $100. $15 a month? That's a slap in the face!

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