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re: Does time heal wounds: Let’s give Tyler Summitt another chance with the Lady Vols job.
Posted on 4/2/24 at 6:03 am to kywildcatfanone
Posted on 4/2/24 at 6:03 am to kywildcatfanone
quote:
Which is so wrong
Pension plans can be structured many ways. I am a retired state employee in Alabama. When I retired, I chose the option for my daughter to continue getting my benefit after I died. It reduced my (and eventually her) check by 20%.
At least in Alabama the bean counters figure out how much they’d pay me based on average life span, figure out how much longer they’ll have to pay the beneficiary, add anticipated interest earnings over the extra time, and reduce the benefits accordingly.
It’s revenue neutral. If Tennessee’s is similarly designed it doesn’t cost the taxpayers one extra penny and there’s not one thing wrong with it at all.
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