Send a Tweet
Most Popular Choices
Share on Facebook 22 Share on Twitter Printer Friendly Page More Sharing
General News    H4'ed 10/25/16

Public Sector Pensions Under Attack, by Bill Raden

Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)

Pensions and Divorce - Splitting a Retirement Account - Divorce Source
Pensions and Divorce - Splitting a Retirement Account - Divorce Source
(Image by
  Details   DMCA

'Call it the tale of two pension crises. Long a target of right-wing think tanks and hedge-fund managers, the retirement security of unionized state, county and municipal employees is typically seen by conservatives as the Achilles heel of labor’s political clout in Sacramento. The bitterest irony for all American workers economically kneecapped by the 2007 global financial crisis is that they are footing the still-ongoing, $16.8 trillion-dollar bailout bill that rescued the banks ultimately responsible for the California public pension system’s shortfalls that Dolan and the L.A. Times blame on CalPERS and union greed.'

Read the rest of the story HERE:



Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
   (Opens new browser window)

To View Comments or Join the Conversation: