Tuesday, September 23, 2008

Las Vegas - The RJ Opines On IRS Rule

ReviewJournal.com - Opinion - EDITORIAL: Pension reform:

IRS rule may impact public-sector retirement benefits

How ironic that taxpayers' new best friend in the politically impossible task of reforming public employee pensions is none other than the tax man himself.

Nevada's Public Employees Retirement System provides participants with generous, guaranteed income while offering many workers the opportunity to retire with full benefits by age 50. Because today's Americans are living much longer than previous generations, such practices make it possible for government employees to receive retirement benefits for more years than they actually worked."