5:43 pm, Thursday, January 24, 2013 -- Private-sector employers years ago began switching their new hires from pension plans -- with their runaway costs -- to 401(k) or similar retirement plans.
For union employees -- such as police, firefighters and other groups -- retirement benefits are spelled out in contracts.
The school...
Editorial / First selectman picks a pension -- for himself
Private-sector employers years ago began switching their new hires from pension plans -- with their runaway costs -- to 401(k) or similar retirement plans.
For union employees -- such as police, firefighters and other groups -- retirement benefits are spelled out in contracts.
The school...
Comments
Editorial / First selectman picks a pension -- for himself
5:43 pm, Thursday, January 24, 2013 -- Private-sector employers years ago began switching their new hires from pension plans -- with their runaway costs -- to 401(k) or similar retirement plans. For union employees -- such as police, firefighters and other groups -- retirement benefits are spelled out in contracts. The school...
Read Full Story