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To: Fury

It’s not the working budgets that are the problem. It’s pension plans. CT has an absurd debt of almost $100 billion in unfunded liabilities due mostly to state worker pension plans.


10 posted on 04/15/2020 6:50:14 PM PDT by raybbr (The left is a poison on society. There is no antidote. Running its course will be painful. You)
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To: raybbr
It’s pension plans.

Good point. Defined benefit plans.

That and Other Post Employment Benefits (OPEB). Things like retiree health care.

16 posted on 04/15/2020 6:59:21 PM PDT by Fury
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To: raybbr
"It’s pension plans. CT has an absurd debt of almost $100 billion in unfunded liabilities due mostly to state worker pension plans."

Let them watch their retirements evaporate the way most of those who worked for 30+ years did. Let them experience BEGGING for the decent health care that their tenure promised. Let them experience their retirement plans evaporate. Let them feel the BERN that they voted for year after year!

26 posted on 04/15/2020 7:09:07 PM PDT by RasterMaster ("Towering genius disdains a beaten path." - Abraham Lincoln)
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To: raybbr

Michigan and Illinois are similarly burdened. The rest of government could shut down and exist only to fund pensions.


52 posted on 04/16/2020 1:23:44 PM PDT by Jacquerie (ArticleVBlog.com)
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