The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: George W. Bush Killed Retirement||Date: 11/8/2012 11:13 AM|
|Author: telegraph||Number: 46162 of 68737|
I didn't know that public sector unions had 'corporate masters'. Did you?
The gold plated,full of 'escalator clauses', last year 'salary stuffing' tactics are coming to an end. Pensions based upon the 'last years earnings' when folks manage to work 3 years worth of 'hours' in the last year.....getting pensions larger than their actual salaries...is coming to a screeching halt everywhere.
It has to...there won't be enough taxpayer money to pay for it.
Watch IL implode first.....it just elected a super dem house and dem senate.....and is controlled by the dem power brokers....and is horribly broke and going broke even faster by the second.
There's no hope for the state of IL but to default.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|