This is a simple question and I hope the Executive Branch and the Legislature can answer it for all defined benefit plan members: Why do you need to buy back Social Security? Can’t you just enroll them into Social Security, just like everyone else?
Also, since the active members are not going to be able to retire, why is it so difficult for you to give them their contribution back?
Taking their money to buyback is not constitutional or shall I say not fair? They won’t be able to see their money until they are 62. God knows if they’ll ever reach that age.
Are you aware that this action could lead to a lawsuit by the members? It’s enough that the board of trustee is spending their money for attorneys that is not addressing this problem, but addressing their problem between you and them.
This issue concerns the members of the DBP. Why are you not meeting with them to hear their opinion? Is there something they need to know?
Good day, and hope you answer these simple questions.
San Jose, Tinian