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California has high pension obligations that will only make the problem worse. The pension recipients refuse to discuss the matter. They wont even let grandfath
by chrisdhoover 7y ago
California has high pension obligations that will only make the problem worse. The pension recipients refuse to discuss the matter. They wont even let grandfathered changes. Fees and taxes will continue to increase and services will be cut to pay pensions.
- sokoloff 7y agoIf you had a contract with the state to provide you money in retirement based on a career of working for the state, how much flexibility would you personally have on the state unilaterally changing the terms of your source of income?