Re: Granite City's pension mess makes national news Archived Message
Posted by opinionated on December 19, 2019, 9:22 pm, in reply to "Re: Granite City's pension mess makes national news"
Wally, and it's not just Granite City. Edwardsville is under fire because they are closing a fire station to save money. Why? Because they have underfunded the pension system for years. The pension systems in the state and country at large have been raped and pillaged by leaders just like social security. Our workers put their share of the money away so they could retire in some level of comfort. They leaders took the attitude, "well most of those people won't retire until they're near death so let's just use their money". People are now retiring at younger ages and pension systems are being strained because one party in the contract didn't honor their side.
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