Offer public retirees better compromise for pensions

Published: Friday, Dec. 27, 2013 - 10:10 am

Re "Pain must be shared by all to solve cities’ pension crisis" (Viewpoints, Dec. 22): Richard Riordan and Tim Rutten sounds like the top 1 percent when they offer a solution that leaves the rest of us out in the cold regarding public employees' pensions. Another alternative would be to allow retirees to return to work without penalty. This would put their pensions on hold and help the cities and states in question. The Federal Reserve could even give retirees 65 and older an extra 3 percent to 5 percent on their savings. I believe a pension should be spent in the state and county where it was earned, if possible, but several of my friends have been forced out of the state by the declining value of their retirements.

-- Dwight Brown, El Dorado Hills

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