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re: Can anybody explain the State's retirement...
Posted on 1/29/13 at 2:15 pm to Hu_Flung_Pu
Posted on 1/29/13 at 2:15 pm to Hu_Flung_Pu
State makes large promises to employees for decades, doesn't allocate enough money to pay for said promises, kicks can down the road every legislative session, creating nightmare scenario of large tax increases in future, or defaulting on pensions.
In other words, typical politics.
In other words, typical politics.
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