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The Water Cooler
General Discussion
11 State Pension Funds that May Run Out of Money
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<blockquote data-quote="BadgeBunny" data-source="post: 1330348" data-attributes="member: 1242"><p>I didn't see anyone in this thread saying that and let me assure you that GC's "golden parachute" as you call it is anything but. </p><p></p><p>Whether you like it or not nothing you have said alters the fact that GC is REQUIRED to contribute a significant portion of his paycheck to the OLERS system each month. It is a MANDATORY contribution ... he doesn't get to "opt out". And OLERS does not now, nor have they ever to my knowledge, represented that any participant would be paid "several times over the participant's individual contribution".</p></blockquote><p></p>
[QUOTE="BadgeBunny, post: 1330348, member: 1242"] I didn't see anyone in this thread saying that and let me assure you that GC's "golden parachute" as you call it is anything but. Whether you like it or not nothing you have said alters the fact that GC is REQUIRED to contribute a significant portion of his paycheck to the OLERS system each month. It is a MANDATORY contribution ... he doesn't get to "opt out". And OLERS does not now, nor have they ever to my knowledge, represented that any participant would be paid "several times over the participant's individual contribution". [/QUOTE]
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11 State Pension Funds that May Run Out of Money
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