Pension Issues: Will it be there for you?

With the recent issues surrounding our pension and the cities deficit, where is our pension going?

Who knows?????? A certain councilman was quoted in the Sun Sentinel as saying "if we dont do something, the city is going to go bankrupt" He also stated that "We need to look at different options for our pensions" Can you say 401K????????

Dont worry the city controls all the water to north dade and makes a nice penny off of it. :devil: :devil:

185.04 Actuarial deficits not state obligations.--For any municipality, chapter plan, local law municipality, or local law plan under this chapter, actuarial deficits, if any, arising under this chapter are not the obligation of the state.