Virginia teachers aren't that gray
"Of our 98,000 teachers who are K-12, over 53,000 of those teachers today are over 50 years old."
Plan works, but some better off with Social Security
"In Galveston, Texas, they have allowed people to privatize part of their Social Security. And people are building wealth."
No doubt about it
"In 1950, the average American lived for 68 years and 16 workers supported one retiree. Today, the average life expectancy is 78 and three workers support one retiree."
He's signed bills that require workers to contribute to pensions
Virginia state employees "pay nothing" toward their pensions.
Says worsening conditions forced him to change
On whether state employees should contribute to their pensions.
No need to cash in your retirement savings
"There’s talk in Congress now about basically confiscating your private 401(k) or IRA plan and rolling it into Social Security to strengthen Social Security."
© 2014 • All Rights Reserved • Tampa Bay Times
490 First Avenue South • St. Petersburg, FL 33701 • 727-893-8111
About PolitiFact | Contact Us | Advertise