Over 70% of every dollar that went to pay for increases in education went to pay pensions and it's just inexcusable. So the answer that I have for that is growth. We need to grow our way out of the pension problem while also offering defined contribution plans. which we do offer now, but I think we need to encourage those. We need to be morally committed to paying our pension obligations. I agree with Mike on that. (1:10:19–1:10:28)
CLAIM
Asserts the need for economic growth and defined contribution plans to address pension issues.
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