Coming under increasing scruitiny: Public employee retirement ages
Published 12/10/2011, Associated Press
With Americans increasingly likely to live well into their 80s, critics question whether paying lifetime pensions to retirees from age 55 or 60 is financially sustainable. Guaranteed pensions for relatively youthful government retirees — paid in similar fashion to millions nationwide — are contributing to nationwide friction with the public sector workers, most who no longer have access to such programs.Word count: 1225
The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.