PERA discussion calls for perspective
Recent letters about PERA suggest that the writer has a bad case of "the grass is greener on the other side of the fence" syndrome. Most faculty have also had stagnant salaries.
If one worries about the state's reducing PERA benefits, consider the current discussion about reducing Social Security benefits.
If one would like a part of one's retirement to be in a 401(k) - like fund, recognize that the last dozen years have been very difficult for those with such retirement funds.
If those under Social Security have a one-year reduction in withholding, recognize that that is a short-term benefit only and that it most probably will result in reduced benefits.
The Great Recession is difficult for all of us. This is no time for members of one group to feel that they suffer more than members of another group.
Mike Preston
Professor of English
CU-Boulder |
