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Re: Liberal states facing a COLLAPSE of state incomes thanks to coronavirus shutdowns: Will pensions collapse, too?

By: Decomposed in POPE 5 | Recommend this post (0)
Mon, 06 Apr 20 4:00 PM | 33 view(s)
Boardmark this board | Pope 5 		Msg. 58097 of 62138
(This msg. is a reply to 58089 by capt_nemo)
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Nemo:

Re: "Will pensions collapse, too?"Eventually. My guess is that many state employees will continue to be paid during the shutdown, so pensions will continue to receive their contributions too. It's not until the state itself starts receiving less money due to reduced tax collections that pensions will really suffer. That's likely to be a bigger issue in 2021 than in 2020.








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The above is a reply to the following message:
Liberal states facing a COLLAPSE of state incomes thanks to coronavirus shutdowns: Will pensions collapse, too?
By: capt_nemo in POPE 5
Mon, 06 Apr 20 11:18 AM 		Msg. 58089 of 62138

http://www.naturalnews.com/2020-04-05-liberal-states-collapse-state-incomes-coronavirus-shutdowns.html

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