Yes, and when we offer benefits we need to have a way to finance them that is not dependent on overly ambitious or unrealistic rates of return, or else they end up crowding out salaries we can offer future teachers or education that we can offer future students.
-
-
This Tweet is unavailable.
-
- 2 more replies
-
-
-
Feels like this is a a problem that is going to pop up across the country. Plenty of public employees are expecting a pension when they retire....and it's not looking like there will be any money for it.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This Tweet is unavailable.
- End of conversation
-
-
-
how dare you imply that we are making a decision to spend money on retirement benefits that we would otherwise spend on educating children! (kidding)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
The baby boomers are retiring. It will be expensive.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
All the pension funds had to do is buy an index fund. The SP500. Instead they Time the market, reallocate, etc. Lame. Total mismanagement.
-
Maybe a little of this, but the returns assumptions were unrealistic and have been for years. It's fraudulent really.
- 1 more reply
New conversation -
-
-
those pension benefits werent designed for a world where zero marginal cost tech swallows the worlds attention/consumption
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
