California on the Brink: Pension Crisis About to Get Worse

And Cali ain’t alone.

Got friends who are counting on pensions to get by?

Guess what: those folks will either be your dependents or your enemies.

Make sure you know who is whom.

Alea iacta est.

(h/t JSM)

UPDATE 2355 EDT 25 JUNE 2013: See also this short piece linked by Rawles.

2 responses to “California on the Brink: Pension Crisis About to Get Worse

  1. Battlefield USA

    Yeah. My nice little desert is being over-run by migrants from South-West of the San Adreas Fault. Because it is least expensive here… and no jobs. Murders, robberies, and such are becoming a common occurrence now, when it was pretty rare. We are becoming the Mecca for the free-loaders.

  2. Jimmy the Saint

    It’s going to get sporty out here with the pension business. There was a news bit about it a few months back, where a near-retirement teacher was asked if she would take a slight cut in her pension so that new teachers would be able to be hired. Her answer was essentially: “No. Pay me, and screw them.”

    But it’s all for the children, don’tcha know….