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DELIVERING THE DB MESSAGE: A Tried and True System That Benefits Taxpayers
Our plans have been under constant attack - read below about how we're responding and why these attacks are
unjustified.
Lies, Lies and More Attacks on Pension Plans
NASRA's Response to the Attacks by the Reason Foundation
TRADITIONAL DEFINED BENEFIT PENSION PLANS: A Tried and True System That Benefits
Taxpayers
- The traditional public pension system is the best way to ensure taxpayers can reliably receive
vital services. It's cost-effective, proven and stable method to attact and retain qualified people to perform critical
public sector work.
- Dismantling and replacing the traditional pension system with new private accounts will result in
higher costs for taxpayers and bureaucratic chaos.
- The traditional pension systems works - and has for more than 100 years. It is flexible and
provides vital services to taxpayers at a low cost. Further, it provides a modest and stable retirement income for workers
who have dedicated their career to serving the public.
Learn more about these traditional pension plans and why they benefit taxpayers, employers, employees, and
state and local economies:
FACTS ABOUT PUBLIC PENSIONS
- The public pension system safeguards the delivery of vital taxpayer services.
- Taxpayers will pay MORE to move to millions of private accounts.
The traditional public pension system is sound.
- Funding shortfalls can be avoided.
- The traditional public pension system is a vital stimulus to the economy.
- States that have attempted a radical reform of public pensions have failed.
- Taxpayers will foot the bill for workers who outlive inadequate, unstable retirement income.
We have a great story to tell - and over 100 years of success!
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