To: SeekAndFind
The state dips into pension funds to pay for their social programs ....
2 posted on
11/15/2014 5:34:02 PM PST by
SkyDancer
(I Was Told Nobody Is Perfect But Yet, Here I Am)
To: SkyDancer
Not only that but the pension fund administrators have used estimated 8% + returns for planning purposes and they haven’t even come close to getting those returns for the last 10 years. Also, the management expenses have skyrocketed along with the level of corruption.
5 posted on
11/15/2014 5:39:20 PM PST by
RetiredTexasVet
(Put lipstick on a Communist and call it a Progressive, but it's still a Communist with lipstick.)
To: SkyDancer
Here in NJ they just don’t make the contributions.
20 posted on
11/15/2014 6:20:16 PM PST by
kearnyirish2
(Affirmative action is economic warfare against white males (and therefore white families).)
To: SkyDancer
More illegal—that will fix everything. [/s]
40 posted on
11/15/2014 7:51:33 PM PST by
rbg81
To: SkyDancer
1 Ridiculously generous pension calculations.
2. State not making required contributions to fund system.
3. Unreasonable calculations on return on investment.
4. Funds engaging in liberal boondoggle investments.
49 posted on
11/15/2014 9:27:19 PM PST by
Kozak
("It may be dangerous to be America's enemy, but to be America's friend is fatal" Henry Kissinger)
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