Each police officer cost the city $72,126, including current and deferred benefits.
"I don't think it's at all fair to scare people over current benefits."
These bear markets cut the money available to pay current and future benefits.
The problem is: Bush has promised the same money to pay seniors their current benefits.
Its current benefits were modeled on a good private insurance plan - from 35 years ago, in 1965.
Or give back what you don't need for current benefits.
To insure current benefits, the system would be phased in.
And unlike current benefits, they could not be reduced arbitrarily.
I am reviewing our current benefits to see how they compare with those of other small companies.
These constant increases pile up more money than needed to pay current benefits.