回复：博后个人财经--人算不如天算，但还得算

So far, there is no precident case for states to cut existing employees' benefits.  States are cutting back the promises for the future employees now but not the ones already earned by its workers.  Detriot may be a testing ground for the future of government pensions and it is worth watching.  

On the plus side, even though your state pension is underfunded, the low state tax in our state give flexibility to raise taxes.  Many states put into laws regarding how to fund the pension and what happens if the pension is underfunded.  

However, as a government employee, you should be able to take advantage of 401K and 457 plans and max. both when you are working as back ups.

One more cent about privatizing ss: I am against that because not everybody is good at managing their own assets.  SS provides diversification of a portfolio.  We are learning more lessons from the privatiation of employers pension funds as many baby boomers are retiring without sufficient funds.  We will see more evidence as those reaching the end of their life and need more money......