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

quote:

---

I say that should still be paid.

Ditto state employees.

---

So let me see if I understand. You want retirees to pay the state for drawing a check from money that they already paid to their retirement account?

Just so the state can then take that money and turn right around and write retirees a check, that includes the money that they just gave the state, last month?

Unless that extra 6.5% keeps getting added to their retirement balance, which results in yearly increases? However, that would mean more debt to the state, right?