
Re: Wisconsin: How's it going to end?
So I'm taking it then that my general understanding of pensions is correct - they are deferred payments for work already done - not a company benefit received. I'm asking because I keep hearing the Repyblican governors saying that employees have to pay more into their pensions and I don;t see how that's possible since they are already paying 100%. What (my cat is really making typing a chore at the moment!) they mean by this is that they have to take a cut in pay - right? Sorry. I didn;t read any of the reports you listed, so treat all this as rhetorical questions if you don;t feel like answering them.
Yes, this is what I'm talking about. EDIT: and I will be DIPPED if pension fund mismanagement (via investments) isn't also a factor!