Show Colorado Forced to tout Cut ut Pension Payment Even a supposedly perfect system of old age pension payments isn't infallible A news story from Denver Colorado the other day said that the old age pensioners in that state were destined to suffer a cut in the present 83 maximum monthly pension to 72 The state welfare board set the new figure on the basis asis of estimates of a drop in hi revenues which are earmarked for pension payments under Colorado law law together with an increase of some 1800 on pension rolls This Thia seems ems a pretty tough time tune in which to impose such a sharp reduction in the pension payment but Colorados Colorado's rigid system for financing pen pension ion payments payments pay pay- ments permits permits' alternative Utah might note two points relative to the old assistance age problem as a result of the experience in Colorado First point is that earmarking of funds is not necessarily a guarantee that a high pay standard and a liberal p pension policy c can n be maintained n U t ined ed Second point j is that state revenues available for welfare welfare welfare wel wel- fare may be e due for a decline not only in Colorado but in Utah as well |