By Jack Foley, includes “…But there’s a better, simpler solution, according to Stone: Make public employees work until they are 65 before they can retire and collect benefits, more like Social Security and “Just like non-public employees,” he said. When President Franklin Roosevelt enacted Social Security, it guaranteed workers could retire and collect at 65. It worked well, Stone said, not the least of reasons because men were 90 percent of the workforce and only lived on average to the age of 62, so they paid into the system but never collected. …”
Read the full article on: Gilroy Dispatch (California)