Inflation and retirement

notrichenough
Mon, 24 Oct 2011 19:50:54 +0000

What’s to stop Connecticut (or any other state) from passing a law making the “free” health care insurance now require a 50% contribution to the premiums? Or even make it so miserable no one would want it?

What’s to stop states from passing a law capping pensions, or requiring that you wait until 65, or lowering the highest amount to a more normal 50-60% instead of 80%, or increasing the employee contribution to make it fully funded without state contribution?

Some very large percentage of that $9 billion is Medicaid and transportation, which is not really discretionary.