Run on Dallas Pension Fund – Mayor Asks To Suspend Withdrawals

December 4, 2016

mayor-rawlings The Mayor of Dallas, Mike Rawlings, sent a letter on the 29th asking for an immediate suspension of lump-sum withdrawals from the Dallas Police and Fire Pension Fund. There is a run on the pensions because people are realizing that there will be nothing there. The troubled pension fund will be insolvent by 2028 at […]

Every Household in California Owes $93,000 to Pay for State Pensions

December 4, 2016

Stanford University has been tracking the cost of pensions in California. So while there is a movement starting to separate from the United States especially since they wanted Hillary, California will soon fall on its face and then will be begging Washington for a handout. The real amount owed by every household in California to […]