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Author: Hawkwin Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 455461  
Subject: Re: Proposal to end public pensions Date: 7/10/2013 10:12 AM
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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 (going forward) and that such funds be placed in segregated accounts (the last part is my idea to protect them from being raided and/or subject to bankruptcy).

We could even open up Thrift to anyone that wants to join the program.

I am not a big fan of public pensions for a few different reasons but I would be even less of a fan if they made people put their money into a fixed annuity making 1-2% as they do these days.
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