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Subject:  Re: Proposal to end public pensions Date:  7/10/2013  11:04 AM
Author:  steve203 Number:  428347 of 479890

It still seems the easiest solution would be as one poster here stated a few months ago and require that contributions be fully funded annually

Yes, that is obvious, but such a requirement would be condemned as "intrusive gummit regulations that destroy jobs". Companies like to be able to short the pension fund, or borrow from it. Consider the number of people who had their 401K in the company stock (ie loaned to the company), and lost it when the company went BK.