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Public Service pensions
Rosedale Resident Thu Mar 21, 2013 6:12 pm
The Governor and Business Managers in School Districts blame the workers for the pension problems.
The truth is that the states and school districts have NOT funded pension plans for a few decades. The employees contributions along with a healthy stock market kept the plans well funded.
When the thieves on Wall Street caused two recessions in the last decade, all earning took a hit, now the Governor and Schools would have you believe that employee greed is to blame. It's just not so.
Some reading they don't want you to know about.
The truth is that the states and school districts have NOT funded pension plans for a few decades. The employees contributions along with a healthy stock market kept the plans well funded.
When the thieves on Wall Street caused two recessions in the last decade, all earning took a hit, now the Governor and Schools would have you believe that employee greed is to blame. It's just not so.
Some reading they don't want you to know about.
Rosedale Resident- Posts : 91
Join date : 2008-08-16
Age : 74
Location : Rosedale, Dah!
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