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[California] Pension crisis worse than suspected, report says
Orange County Register (CA) ^
| October 5, 2010
| by Tony Saavedra
Posted on 10/06/2010 5:03:07 AM PDT by Oldeconomybuyer
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To: Poundstone; RadiationRomeo
This explains your reply. LOL
(A recent Federal retiree and proud of it!)
21
posted on
10/06/2010 9:48:19 AM PDT
by
B4Ranch
(Conflict is inevitable; Combat is an option. Train for the fight.)
To: Varda
Have you considered that the man managed his money well and this is how he chooses to spend it? After all you can’t take it with you.
22
posted on
10/06/2010 9:50:42 AM PDT
by
B4Ranch
(Conflict is inevitable; Combat is an option. Train for the fight.)
To: B4Ranch
It would take an amazing money manager to live that level of luxury from a job under 6 figures. He’s a level headed guy, I’m sure he didn’t do anything foolish but really he would have to be a fiscal superman.
23
posted on
10/06/2010 10:14:18 AM PDT
by
Varda
To: Citizen Tom Paine
One must consider that the employees had a social contract with the State. No they didn't. What the Legislature giveth the Legislature can taketh away.
24
posted on
10/06/2010 11:04:09 AM PDT
by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: B4Ranch
All I can say is, thank God I’m a federal retiree and not a state or muncipal retiree. Pensions for the former are in good shape; pensions for the latter are in a world of hurt.
25
posted on
10/06/2010 11:32:44 AM PDT
by
Poundstone
(A recent Federal retiree and proud of it!)
To: Oldeconomybuyer
Growing large quantities of weed is the obvious solution to this problem.
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