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These local government employees are normally not covered by social security insurance. This allows the local governments to pay very little. So while, yes, the
by rabboRubble 10y ago
These local government employees are normally not covered by social security insurance. This allows the local governments to pay very little. So while, yes, their pensions are now out of the norm, those employees would need to be paid more in the near term to make up for the deduction of social security insurance out of their paycheck.
Furthermore, this would only address current employees and not the prior employees who never paid into social security and have nothing but their local pension to fund their elder years.