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Steve, Fair enough. Which is why I'd recommnd a transition over 10-15 years. New hires? All employees under age 30? Pick one. But it should include all city employees, including teachers. I would also include a city match on employee 457 or 403(b) plans. They don't know it, but employees would end up better off, including a transfer of wealth to the next generation. But asking taxpayers to be on the hook throughout life expectancy is fiscal insanity.

From: Union president feels ’spin’ distorts worker sacrifices

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