Stimulus & Bailout Watch Thread
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so what? that means they "have" to hand out bullshyt pensions that they can't pay for and has them 1 trillion dollars in the hole?can you explain the connection, please?
would they not be the 5th largest economy if public employees had a fiscally responsible retirement plan?its silicon valley and farming that drives that shyt
do you even know how pensions work
88m3
Fast Money & Foreign Objects
the cac mamba
Veteran
do the people who promised them even know how they work?do you even know how pensions work
why are they a complete disaster in CT, NY, CA, and IL? as a matter of fact, is that your definition of "work"?
<<TheStandard>>
I Am A God
So the 300 is only for 3 payments?
Yup
All states have been approved for 6 states but NY is giving out 3 payments of $300 this week.....should be around $787 in your account Friday if you had taxes withheld.
Who knows when they give the other 3 payments.
88m3
Fast Money & Foreign Objects
I'm not collecting but that's a real kick in the teeth for people looking for a lifeline
<<TheStandard>>
I Am A God
I mean, it's an additional $300 ($262 with taxes) in addition to your current benefit. It's not the $600 but it's something until congress gets their act together.
Some West African brehs finessed wash. State Unemployment out of like 300mill so they been over diligent in stopping fraud.
This the second time my payments been froze. Now I gotta send in a photo of my I'd for some reason..
That back pay doe
This the second time my payments been froze. Now I gotta send in a photo of my I'd for some reason..
That back pay doe
do the people who promised them even know how they work?
why are they a complete disaster in CT, NY, CA, and IL? as a matter of fact, is that your definition of "work"?
Pensions are not regulated to government jobs breh. And the payouts are straight forward.
Pensions are basically like IRA’s the money put in them is invested and they used the dividends to pay out.
But to answer your question, one of the biggest problems especially when it comes to government pensions is double dipping. You got people collect a pension from the government and still getting a salary from the same government. It happens all the time and should be illegal.
BK The Great
Veteran
He breaks down what might be proposed
the cac mamba
Veteran
and who allows this to happen?
and who allows this to happen?
this happens A LOT. I know 3 people off the top of my head that do it. All in New York
A paycheck and a pension check: Is it double dipping?
I always thought pensions suffered from the same fate as social security. That being they have been treated like a slush fund to make the government whole to offset the real wasteful spending despite still owing people what they've out in
most of not all pensions are tied to the stock market in one way shape or form. Hedge funds try to get their business as much as possible because they are massive.
it’s a tv show, but you get some of the basic gist of what’s going on.
So no, it’s not tax payer funded.
Another example. Of of my employees gets a pension. He was a 9/11 first responder. He’s still on payroll for the insurance benefits.
When he does his taxes, he has to report the income, even though he doesn’t paid by them . They keep the money. He pays taxes on it. And if he not getting it...... somebody else is. He doesn’t care because he gets his pension money, medical/dental, and he’s working a part time gig.