Letters to the Editor

Letter to the editor | Restore 2 percent pension

Once upon a time the Pennsylvania pension plan was solvent.

The pension for retiring state employees was 2 percent of the last three-year average salary, times the number of years of service.

It gave us a good retirement income.

Then some irresponsible politicians made themselves popular by proposing an increase from 2 to 2.5 percent, dreaming that the returns on investment would remain rosy. Now the returns are terrible, and the system is deeply in debt.

A logical first step to help the system is to return to the 2 percent. All it takes is a few good politicians with enough courage to do the right thing while accepting the risk of not getting elected next time.

We, the voters, should look for such people at the next election.

Gert Aron

Boalsburg

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