re: 25% of the LA school budget goes to pensions.

Teachers no longer pay into the retirement fund once they retire.

Iirc, it is 6.5% of their salary.

I say that should still be paid.

Ditto state employees.

FWIW, this would not benefit me personally, but I believe it the right thing to do.

To make things more palatable for those retirees (on a fixed retirement income), I would add .5% per year for 15 years.

For those stating to do what I suggest all at once, Each % is roughly 35 bucks a month for most. That doesn’t sound like much, but it is about $400 per year. All 6.5% at once, that is over 5 grand. With inflation, it would be asking too much imho.

However, 35 bucks per month, per state retiree, would add up quickly. Multiply that over 15 years and it would benefit the state in terms of balancing the budget.

Just my .02.