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Not all pensions are grossly UNFUNDED to fed minimums, but all the ones that donate to democrats primarily are UNDERFUNDED, and the fed gov democrats keep passing laws to FUND UNFUNDED PENSIONS by other producing americans!
Some states pensions are astoundingly unfunded.
UNFUNDED is not a immoral in THIS case because the missing money was never there. The missing money was only in socialism land.
The entire state of California is totally underfunded if funded at all. Hell the insurer of the pensions should mandate that there is at least 75% of the funds in a trust or the insurance company will cancel their policy report the shortfall and then they are required to fund the pensions 100% immediately and if they can't then the people in charge at all levels are brought into a court where either they have a plan in writing or their personal assets are confiscated like real estate, stocks, bonds, any thing of value and they will pay for the pension out of their own pocket and all bonuses they recieve go straight into the pension even if they leave the company or government position.
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[–] admin2 0 points 6 points 6 points (+6|-0) ago
Not all pensions are grossly UNFUNDED to fed minimums, but all the ones that donate to democrats primarily are UNDERFUNDED, and the fed gov democrats keep passing laws to FUND UNFUNDED PENSIONS by other producing americans!
Some states pensions are astoundingly unfunded.
UNFUNDED is not a immoral in THIS case because the missing money was never there. The missing money was only in socialism land.
[–] shawnfromnh69 0 points 2 points 2 points (+2|-0) ago
The entire state of California is totally underfunded if funded at all. Hell the insurer of the pensions should mandate that there is at least 75% of the funds in a trust or the insurance company will cancel their policy report the shortfall and then they are required to fund the pensions 100% immediately and if they can't then the people in charge at all levels are brought into a court where either they have a plan in writing or their personal assets are confiscated like real estate, stocks, bonds, any thing of value and they will pay for the pension out of their own pocket and all bonuses they recieve go straight into the pension even if they leave the company or government position.
[–] captainstrange 0 points 1 point 1 point (+1|-0) ago
It's illegal to cause a bank run.
Last I checked it's not illegal to cause a run on pension funds.
Collapse the house of cards.