Earlier quoted context omitted.
> 2004 and will be eligible to retire in 2024 This isn't a push against your overall point, but I think a larger systemic view is necessary. E.g., maybe the idea of retirement after 20 years is outdated. Or maybe the system needs to be re-thought in terms of how to keep that paradigm funded, particularly in economies with declining birth rates.
There are good reasons retirement at 20 years exists. Jobs that wear out your body and have union support tend to pay better. We should keep the 20 year option and pay more, give more sick days, and fully fund insurance. Employees should be agents, not cogs.
Secondly, the idea of retirement is an anomaly in human history. And it’s not clear that it’s particularly healthy for the individual or society.
I think there’s an argument to be had that in a productive society, people shouldn’t feel financially insecure. But I’m not sure giving 2 years of retirement for every 1 year of employment is the best way to do that.
Funding better benefits is certainly an option, but hard to do while also keeping costs down. Unfortunately, it seems like Americans prefer a consumerist economy and are addicted to cheap shit.
My personal opinion is that if rail (or air traffic controllers or whatever) are so vital to the economy, we should be willing to treat the workers as such.