General Updates and News

[Patriots]

I don't have a problem with defined benefit pension plans (DBPs) either except when tax payers are funding. There are plenty of reasons why the private sector generally has moved toward defined contribution plans - one of them being the funding risk for the employer related to DBPs. Time for the public sector to get a reality check. I have more of a problem with how much we as taxpayers are paying labor costs for all levels of government. Not many would argue we are getting good bang for our buck.