[DAC21]

So the Colorado morons are in collusion with the Calpers morons with their phoney projections based on 7.5% returns. Bend over tax payers, you will be bailing out the State Unions.

[Beernoser]

With 3 % bond rates good luck getting 7.5 %.

[wastoute]

With the Fed holding rates low? Risky. Of course they have only been pumping the balloon to support Zero. $85 Billion a month plus Trillions. Watch them slam the brakes on in January and the MSM will blame Trump.

[norwaypinesavage]

Look around, anywhere there are people, you will see wealth. The wealth is in the buildings, cars, businesses, and homes of the people. Without wealth, there would be nothing but trees, prairies, and subsistence farming plots. That wealth has grown at a rate greater than 7.5% since before 1776. It has grown that fast because the US government has allowed its citizen to acquire wealth. Investing in that wealth creation has such a great return.

We have now seen what happens when the government tries to simply divide that wealth equally among its citizens. IT STOPS GROWING. What had been a nearly guaranteed return close to 10% is now stagnant near zero. The choice is quite simple: allow those who create wealth to keep some of it, or condemn all to equally distributed poverty (except, of course for the corrupt bureaucrats who administer the distribution).

[Don Corleone]

But what if those returns fail to materialize?

Then you become California, Illinois, Michigan or any one of a dozen other states that have cooked their books to make it look like things are going to be rosy for their retirees to keep their votes coming in.

[CodeToad]

7.5% is outstanding for annuity accounts. The liberals just want to tax more to increase their annuity payout.

Colorado has a real problem with too many retirees making big bucks for just a few year’s “work”.