Quote:
Originally Posted by Jim in CT
And when teachers, cops, etc see that their pensions are all bankrupt in 15 years, they'll start to wonder what the unions really did for them. Bribing crooked politicians to give members benefits that can never be paid for, is not helping those worlers in the long run.
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2023 is the bubble burst in MA. The retirement fund will be 23 billion in the red beginning with the 2023 retirement class. The commission currently has no clue how to come up with the money. I guess they are hopeful that a lot of people just die.
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