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My idea would be that they would not rely entirely on Social Security, they would be funding a 401K alongside some sort of reasonable match from the state inste
by makerofspoons 8y ago
My idea would be that they would not rely entirely on Social Security, they would be funding a 401K alongside some sort of reasonable match from the state instead, much like the deal people in the private sector get.
- dragonwriter 8y ago> they would be funding a 401K alongside some sort of reasonable match from the state instead, much like the deal people in the private sector get. While it may be a surprise for people who have worked in high demand fields, lots of workers in the private sector have no 401k offered, and of those that do, lots don't have any employer matching offered.
- djrogers 8y agoI’m not saying it isn’t workable - heck, it’s what everyone else does - I’m saying the union, CalSTRS, and their paid off politicians would never allow it to happen.