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Re: Voters in California Back Pension Cuts for City Workers

By: DGpeddler in POPE | Recommend this post (0)
Thu, 07 Jun 12 11:23 PM | 42 view(s)
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Msg. 60252 of 65535
(This msg. is a reply to 60204 by ribit)

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In bankruptsy, pensions be taken over by the Fed.


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The above is a reply to the following message:
Re: Voters in California Back Pension Cuts for City Workers
By: ribit
in POPE
Thu, 07 Jun 12 8:05 PM
Msg. 60204 of 65535

snapits
...iffen the local gubmints go bankrupt the pensioners will get nothing. I suspect that somewhere between nothing and what they are getting now is some room for negotiation. If not, nothing is the alternative.


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