The House Committee on Pensions, Investments & Financial Services, I attended these hearings in Austin, Texas on September 12th and 13th, 2012 and there was not one Representative from the Teachers Retirement System there nor a Rep. from any of the Teachers Associations to speak against their Pensions being changed from a Defined Benefit Plan (PENSION) to a Defined Contribution Plan (401K).
don October 12, 2012
at 4:42pm
The House Committee on Pensions, Investments & Financial Services, I attended these hearings in Austin, Texas on September 12th and 13th, 2012 and there was not one Representative from the Teachers Retirement System there nor a Rep. from any of the Teachers Associations to speak against their Pensions being changed from a Defined Benefit Plan (PENSION) to a Defined Contribution Plan (401K).