More on the profligate gov and employee unfunded pensions

The pattern is well established–spending money you don’t have or making promises for benefits you can’t afford.

The secret is defined contribution benefits programs.

http://www.americanthinker.com/articles/2015/07/public_pensions_prove_zero_sum_economics.html

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One response to “More on the profligate gov and employee unfunded pensions

  1. We need OPensionCare. If you like your pension you can keep your pension, as long as it meets our rules. Otherwise, we dump you into Social Security and convert “pension contributions” into FICA and impose it on all companies. It’s just taking from those evil corporations. I’m sure it won’t do anything to prices.

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