Timothy Griffin Quotes

When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.

Most private sector workers can only dream of getting the generous lifetime pension and health benefits typical of government service.

The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.

I would not be opposed to devising a new system of pensions, in which one part was based on collective provision, but which also gave incentives for people to take out an additional, personal plan.

The NFL pension is the worst in the world of business. It's an embarrassment.

I have considered the pension list of the republic a roll of honor.

Most private-sector folks don't get a pension.

We owe our public servants, from school teachers to state employees, a sustainable and well-funded retirement that they can count on.

There's no pensions for old prize fighters.

I can't retire.

Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.

I believe that social security should be a universal retirement guarantee and not means tested.

As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.

Well, we certainly need to raise the retirement age. I've told my 19-year-old and my 22-year-old that they're not going to be getting retirement benefits at age 62.

I think if we are actually going to accept our generation's responsibility, that's going to mean that we give our children no less retirement security than we inherited from our parents.

The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.

Social Security is an insurance policy. It's a terrible investment vehicle. Social Security has some great benefits. But it was never meant to be a savings plan. So we need to have a national debate. Should this 12.5 percent that we're contributing all go into a Social Security pool, or should half go into a mandatory savings plan?

The fine print in the President's Social Security proposal is that all present and future workers under age 55 will have their promised retirement benefits cut.

You cannot go to someone who is 65 or 70 years of age and tell 'em, 'This program that you retired relying on is now being pulled out from underneath you.'

The President's proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.

If Britain is to have a stable, affordable pension system, people need to work longer, but we will reward their hard work with a decent state pension that will enable them to enjoy quality of life in their retirement.

A generous basic state pension is the least a civilized society should offer those who have worked hard and saved through their whole lives.

Careful economic research has shown public-sector workers receive a level of compensation, pension benefits, and retiree health coverage in excess of what comparable workers in the private sector enjoy. In some instances, the total premium can be 30 percent or higher.

We have so many people retiring that we do not have enough people paying into the system to be able to provide the benefits for those collecting those benefits.

I do believe in pensions.