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.
To: FewsOrange
Yes, I know that. I was feeling negative about state and federal government. Local government too.
23 posted on
12/30/2011 7:34:34 PM PST by
ladyjane
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