Here is what The New York Times has to say about Detroit's new "hybrid pension plan":
http://dealbook.nytimes.com/2014/06/18/detroit-rolls-out-new-model-a-hybrid-pension-plan/
Corporations and governments entered legal contracts to provide worker pensions, and then worked mightily to renege on them after the same corporations and governments decided that the rich were not rich enough.
And We The People are letting them get away with this shit. Shame on us.
You may not care about this yet, but if you wait until your pension becomes "a festering sore" it will be too late to do anything about it.
No comments:
Post a Comment