Re:California teacher pension debt overwhelms school budgets
by dragonwriter on Thursday August 09, 2018 @01:55PM
(#17726641)
> We could remove the cap on taxed income while either NOT removing the cap on benefits to high earners (or give them increasing benefits but not in relationship to how much additional tax they're paying).
Note that Social Security already has “bend points” in the benefit formula, so one or more additional bend points doesn't change the basic design.
Note that Social Security already has “bend points” in the benefit formula, so one or more additional bend points doesn't change the basic design.