Op-ed by Dick Vortmann, includes “… This constitutes an intergenerational theft. … What the authors of the opinion piece were arguing for is a “pay as you go” system, where current taxpayers don’t pay for the cost of the pension being earned by employees in that year, but rather just pay for the pension checks to the current retirees who worked many years ago. Then, years from now, taxpayers will pay for the pension costs of the public employees working today. This is what our Social Security and Medicare systems have become: unfunded pay as you go plans. …”