Results 1 to 5 of 5
  1. #1
    Veteran
    My Team
    San Antonio Spurs
    Join Date
    Mar 2009
    Post Count
    97,536
    Wis. public retirees could face 13 percent pension cut

    Payments to retirees invested in the Wisconsin Retirement System's Core Fund are smoothed over a five-year period, and the declines are the result of a 26 percent loss in investments in 2008.

    Investments have been increasing every year since 2008, meaning payments to retirees should start to go up again in 2014,

    http://my.chicagotribune.com/#sectio.../p2p-73840243/

  2. #2
    Veteran Wild Cobra's Avatar
    My Team
    Portland Trailblazers
    Join Date
    May 2007
    Post Count
    43,117
    Oregon PERS is a real criminal type system in my opinion. I'm not going to list the details as they have changes since I was eligible for PERS in 1993, but I believe the money is not invested, and the employees are guaranteed a 8% annual return on their money. From that tax payer coffers.

  3. #3
    Believe. byrontx's Avatar
    My Team
    San Antonio Spurs
    Join Date
    Apr 2006
    Post Count
    600
    You work for the Govmnt, WC? You are a freakin socialist? You live off taxpayer money and you want to lecture people about the free enterprise system. Damn its a strange damn world.

  4. #4
    on instagram, str8 flexin DUNCANownsKOBE's Avatar
    My Team
    Phoenix Suns
    Join Date
    May 2011
    Post Count
    19,109
    ^

  5. #5
    Veteran Wild Cobra's Avatar
    My Team
    Portland Trailblazers
    Join Date
    May 2007
    Post Count
    43,117
    You work for the Govmnt, WC? You are a freakin socialist? You live off taxpayer money and you want to lecture people about the free enterprise system. Damn its a strange damn world.
    Sorry to burst your bubble, but I do not work from for the government or get paid by tax payer dollars.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •