Pension Fund Blues
The Ledger Reports today that the State Pension Fund is under funded by close to 2.7 billion dollars. This fund is for State workers as well as many municipal workers. It is expected that the taxpayers will have to ante up the money to fully fund the account. Surprise, surprise, surprise.
Corrupt and greedy public officials with their patronage positions, the public workers unions and the teachers unions with their absurd benefit packages are driving the state into bankruptcy. We must get the state to stop spending. Aren't the people in this state fed up?
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