No. of Recommendations: 2
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.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.