Minnesota PENSION FUND CRISIS Reveals 3 Times Worse Than They Thought!

in dtube •  7 years ago 


Pension funds in the U.S.are unfunded liabilities. There’s no way to ever be able to pay the obligations that they have promised. What state you ask? All of them. Which are the worst? All of them. How long do we have? Not much longer.


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Sources Used in This Video:
https://goo.gl/UpprQe

New Math Deals Minnesota’s Pensions the Biggest Hit in the U.S. - Bloomberg
https://www.bloomberg.com/news/articles/2017-08-31/new-math-deals-minnesota-s-pensions-the-biggest-hit-in-the-u-s
New Math Deals Minnesota’s Pensions the Biggest Hit in the U.S. - Bloomberg
https://www.bloomberg.com/news/articles/2017-08-31/new-math-deals-minnesota-s-pensions-the-biggest-hit-in-the-u-s
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2017.08.31 - Pension Map.JPG (942×640)

Alex Pabon interview: First trader convicted of LIBOR-fixing to be released from prison - Business Insider
http://uk.businessinsider.com/alex-pabon-interview-libor-fixing-2017-4
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  ·  7 years ago (edited)

I am hitting my "retirement button", retirement submittal, this weekend. Because my original company was bought out, my pension has two options:

  • All annuity, or
  • Lump-sum and annuity

The lump-sum is from my original company which gives me the option of annuity or lump-sum. At least I also get medical coverage from my original company's plan no matter which option I choose.
I feel I am one of the lucky ones these days. About ten years ago, the company stopped offering any pension what-so-ever to new people. They just offer a 401-k match now.

Have a great week!
Steem on,
Mike

Those coming in know they'll never get anything even if they are promised it. It's just a lie.

Had some energy on this one! I'm always getting questions about people's pension funds/401k, RRSP, Super. They will all be eviscerated by the supranational elite.

yea its kinda bad here
we got a lot of new immigrants here draining the economy
im kinda worried about my dad as well
hes recently retired and he pretty much relies on his pension
not only that but not hes refinancing his home to buy a boat
my wealth is building exponentially now that i am actually learning about the economy
so hopefully ill be able to take care of all my family soon as they are all getting into massive debt

Do your best to be prepared because we'll have to take care of everyone soon enough. Most people have no idea what is going on.

i think most ppl dont want to believe whats going on
they think "weve been thru tough times b4"
well if they do the math they would know any issues the US has faced b4 is nothing compared to the current financial crisis
reagan era is microscopic compared to the scale of the current system

Pull what you can! And get some cryptos or another physical asset!

This is a great video, very informative with information to back everything your saying. Why would they demonetize this one? Great work, thanks for the information, and God Bless!