Re:Older Americans who live in RVs and drive from one low-wa...
by JBlue42 on Sunday November 12, 2017 @05:07PM
(#15682885)
I have a question about their safety.
There is always people that bring up worries over some of the public sector pension schemes in the US and how it will affect a municipality. One example, IIRC, is in Chicago. Another typically revolves around policeman/fireman pensions in other cities and the cities not being able to actually pay them.
Is this a fault or mismanagement or the pension structure not working or both? And if the cities have to guarantee the pensions, what does that mean for taxpayers in those cities?
There is always people that bring up worries over some of the public sector pension schemes in the US and how it will affect a municipality. One example, IIRC, is in Chicago. Another typically revolves around policeman/fireman pensions in other cities and the cities not being able to actually pay them.
Is this a fault or mismanagement or the pension structure not working or both? And if the cities have to guarantee the pensions, what does that mean for taxpayers in those cities?