RE: New pension law could force municipalities to raise property taxes 60% While most emphasis has been

RE: New pension law could force municipalities to raise property taxes 60% While most emphasis has been (Full Version)

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EternalHoH -> RE: New pension law could force municipalities to raise property taxes 60% While most emphasis has been (1/3/2011 9:10:09 PM)
quote: ORIGINAL: rulemylife ERISA requires that promised pension benefits be adequately funded and that pension monies be kept separate from an employer’s business assets and held in trust or invested in an insurance contract. Held in trust, (which is about as leak-proof as the Social Security trust fund) or Invested in an insurance contract (funded by the great Wall St ponzi scheme) Good luck collecting under those conditions.

willbeurdaddy -> RE: New pension law could force municipalities to raise property taxes 60% While most emphasis has been (1/4/2011 8:59:48 AM)
quote: ORIGINAL: EternalHoH quote: ORIGINAL: rulemylife ERISA requires that promised pension benefits be adequately funded and that pension monies be kept separate from an employer’s business assets and held in trust or invested in an insurance contract. Held in trust, (which is about as leak-proof as the Social Security trust fund) Clueless as always...on both counts.

pahunkboy -> RE: New pension law could force municipalities to raise property taxes 60% While most emphasis has been (1/4/2011 9:37:21 AM)
I dont know Jims pension was $2500 a month- and his BFs is $4000 a month. Not bad for state workers.

pahunkboy -> RE: New pension law could force municipalities to raise property taxes 60% While most emphasis has been (1/4/2011 6:47:12 PM)
California State University employee has $161,789 taxpayer-funded pension Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/2011/01/new-law-creates-big-tax-headache-rental-property-owners#ixzz1A7pDyVBR

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