mmmmyeahhlumberg t1_j6mr31p wrote
Reply to comment by manateefourmation in Mayor Adams plows ahead with plan to privatize health benefits for 250,000 NYC municipal retirees by mowotlarx
Wrong. I have family members that have worked in both public and private sectors. The excessive pensions and benefits of public union members are getting phased out more and more every day in the private sector because they are unsustainable over the long term - except when you have a captive source of funds known as taxpayers.
manateefourmation t1_j6nrsf6 wrote
I spent 10 years in government before moving to Fortune 100. I watched both systems change. So I’m not disagreeing with you - I said that some big companies still have traditional pensions but the move is to matching 401ks with health insurance at retirement.
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