If your state is >80% funded, you are fine, for now. For the rest of you, you too are fine for now...until you aren't. Which will be relatively soon.
As I read about financial markets, politicians, market manipulation, and mass blindness to the alarming state of the world economy, I feel like I'm going crazy. And want to document my downward spiral through this B-Log.
Sunday, September 9, 2012
Pension Payments are Doing Just Fine. Just Don't Live Too Long.
Congratulations younger generations! You get to pay into pension schemes that pay out ridiculously high pension payments to your parents and grandparents.
If your state is >80% funded, you are fine, for now. For the rest of you, you too are fine for now...until you aren't. Which will be relatively soon.
Source: http://www.businessinsider.com/the-us-20-2012-9?op=1
If your state is >80% funded, you are fine, for now. For the rest of you, you too are fine for now...until you aren't. Which will be relatively soon.
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