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Monday, December 27, 2010

Is this the picture of the future? Pension Plan Fails in Alabama Town

What would you do if your pension check just disappeared overnight? That's what happened in an Alabama town. Is this the picture of the future for State and Federal employees...and for those on Social Security?  "Sorry, guys, we never funded the pension plan adequately and we raided the Social Security fund so you're just out of luck. Eat dog food or starve. Merry Christmas and Happy New Year!"

Do you think that will ever happen to the retired members of Congress?

Alabama Town’s Failed Pension Is a Warning

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