To: Orange1998
That’s the government again. They talk about fairness but they’re not fair.
The value was $16.5 million but the bond market went down so now they’ll only pay out 14.3 million.
They should pay the full amount
14 posted on
12/30/2011 7:11:27 PM PST by
ladyjane
To: ladyjane
The value was $16.5 million but the bond market went down so now theyll only pay out 14.3 million.
The value was never $16.5 million, it was $10.75 million. It is still $10.75 million. The 16.5 million and 14.3 Million figures are based on annuities that you could purchase 1 year ago or today, values dictated by the market and nothing to do with the state.
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