“...cities that are now paying 50 cents into CalPERS for every dollar of police officers’ salaries are projecting that it could go to 75 or 80 cents within a few years.”https://twitter.com/dancalmatters/status/988054023969193984 …
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We’d be *far* better off as a society just rolling public pension liabilities into an updated social security system.
End of conversation
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That's not really true, it was more companies were paying with their own stock which is one of the worst financial management advice ever. There's legal protections to prevent what you're talking about
End of conversation
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