fish and wildlife deficit

Lakegeezer · 03-11-2006, 10:48 AM

The state employee retirement plan is a problem that should be addressed now to ward off future problems. There are fewer and fewer companies that provide a pension. Instead, its a 401K plan, that is managed by a financial institution, which is responsible for funding, investment, and pay-out. The auto and airline industries are going broke paying for retirement benefits. Sounds like state agencies, and especially F&G, are having the same problem. It would not be fair to strip benefits from the current retirees, but why shouldn't current government employees be subject to the same financial changes that employees of private and public companies are going through. This would ease some of the funding problems down the road. Hunting and fishing are important to NH - and some of the funding should come from the businesses that benefit.

03-11-2006, 10:48 AM	#1
Lakegeezer Senior Member Join Date: Feb 2003 Location: Moultonboro, NH Posts: 1,678 Blog Entries: 1 Thanks: 354 Thanked 639 Times in 290 Posts	A problem with entitlements? The state employee retirement plan is a problem that should be addressed now to ward off future problems. There are fewer and fewer companies that provide a pension. Instead, its a 401K plan, that is managed by a financial institution, which is responsible for funding, investment, and pay-out. The auto and airline industries are going broke paying for retirement benefits. Sounds like state agencies, and especially F&G, are having the same problem. It would not be fair to strip benefits from the current retirees, but why shouldn't current government employees be subject to the same financial changes that employees of private and public companies are going through. This would ease some of the funding problems down the road. Hunting and fishing are important to NH - and some of the funding should come from the businesses that benefit. __________________ -lg