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Unions leading

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Cheers

Billerica, MA

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#23
Oct 3, 2010
 
Wondering wrote:
Unfunded Accrued Actuarial Liability, Massachusetts Pensions,
$21,759,452,000.00 in the red.
Massachusetts’ health care and other post-employment benefit programs are 1.79% funded.$15,031,600,000 in the red.
http://www.pewcenteronthestates.org/uploadedF...
If I were in a municipal union, I'd be saving for retirement after seeing this.
Nice Numbers Cliff Clavin, now shut up and pay your taxes.
Wondering

Tyngsboro, MA

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#24
Oct 3, 2010
 
Cheers wrote:
<quoted text>Nice Numbers Cliff Clavin, now shut up and pay your taxes.
Haha, I can laugh for two reasons.
1. I'm not in a union.
2. You can't get blood from a stone and they can't give it to you if they don't have it.

The Massachusetts retirement system is counting on investment returns of 8.5% per year going forward to make the system solvent. Good luck with that. I mean it.
Wondering

Tyngsboro, MA

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#25
Oct 3, 2010
 
The Patriot wrote:
<quoted text>
That was a pretty good movie.
I enjoyed it too. The History Channel covered it in a documentary if anyone never heard of it.
http://www.youtube.com/watch...
http://www.youtube.com/watch...
http://www.youtube.com/watch...
http://www.youtube.com/watch...
http://www.youtube.com/watch...

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