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A $76,000 Monthly Pension:
Why States and Cities Are Short on Cash
NY Times ^
| 4/14/18
| Mary Williams Walsh
Posted on 04/16/2018 4:30:52 PM PDT by Libloather
click here to read article
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To: Anti-Bubba182
The Nomenklatura public pensions will bankrupt the country, NOT social security retirement benefits which are much less.But we'll be told that it is social security that is bankrupting us. It will work because SS really is insolvent in any objective measure if you look just a few years down the road.
81
posted on
04/17/2018 10:17:43 AM PDT
by
zeugma
(Power without accountability is fertilizer for tyranny.)
To: Libloather
So, why didn’t they get rid of ‘administrators’ instead?
82
posted on
04/18/2018 9:23:38 AM PDT
by
Little Ray
(Freedom Before Security!)
To: Liz
Not only cant they slash pensions......but the pensioneer has contributed to the pension and is thus protected by ERISA laws.ERISA doesn't "insure" bad math.
83
posted on
04/18/2018 9:27:20 AM PDT
by
1Old Pro
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