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Political Factoid
Public Pension Problems
(including military pensions)
- Over promising
- Early retirement at full pay
- Double-dipping from the taxpayers
- Benefits inflated by overtime pay
- etc.
- Financial skimming
Pension fund managers and manipulators
... with high-risk investments, high fees
and uncontrolled overhead
- Legislative raiding
- Deferred funding
- Pension fund borrowing
Similar problems exist with pension funds in
private industry.
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