Comment history for butch48

butch48  (anonymous) says...

The thing this article left out is that the people in the Public Employees Retirement System are not eligible for Social Security. PERS is not a 401(K). Retirees have no other income other than PERS. Your article is misleading because it doesn't mention this very important information. PERS cannot be compared to GM, Coca-Cola, etc., because you're talking about their 401(K) plans, which PERS is not.