Good start but it may be too late. The corrupt pension payout, especially widened under the crook/drunk Fitzgerald, decimated/destroyed the funding asset/liabilities system. Now, with half the members out of work, the input of funds cannot keep up with disbursements. What you will see is a decrease in funding liabilites in the coming years, today 85%, next year 80%, and decreasing. The corruption is proved with the resignation of Foley. Need to cut more!
Good start but it may be too late. The corrupt pension payout, especially widened under the crook/drunk Fitzgerald, decimated/destroyed the funding asset/liabilities system. Now, with half the members out of work, the input of funds cannot keep up with disbursements. What you will see is a decrease in funding liabilites in the coming years, today 85%, next year 80%, and decreasing. The corruption is proved with the resignation of Foley. Need to cut more!
adampie12 2 months ago