A blog with my personal investment ideas and actions because I believe a more informed and collaborative investment community is a better acting investment community
Tuesday, December 20, 2011
Public Pension debate question
What results would occur if public employee pensions were directed to not invest the employee contributions for one month?
The finances of state and local goverments are a basket case. These local governments will soon be forced to begin selling of assets. Most likly their prime real estate assets to raise the money needed to fund their underfunded or should I say unfunded pension and healthcare plans for retired and current employees.
3 comments:
i am very excited to see the results... i hope they are good!!
The finances of state and local goverments are a basket case. These local governments will soon be forced to begin selling of assets. Most likly their prime real estate assets to raise the money needed to fund their underfunded or should I say unfunded pension and healthcare plans for retired and current employees.
These public pensions are really out of line compared to private company plans.
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