> demanding more money so that retirees can move into that villa on the golf course in Florida and consume until the dementia sets in. There are also the taxpa

> demanding more money so that retirees can move into that villa on the golf course in Florida and consume until the dementia sets in. There are also the taxpayers that need the government pension funds to make good on investment assumptions, lest taxes have to go up. Edit: Politician A: I will remove all deferred compensation schemes, but have to increase taxes to pay the employees with money today Politician B: I will pay the employees with deferred compensation, and keep taxes lower than politician A, and let future taxpayers deal with any problems of underfunding and corruption Politician B wins every election.