A lot of other states have this same problem. Plus, in Oregon, if you get a pension from Oregon state and you move out of the state while receiving your pension, they withhold 6%, how can that be legal? I know people that work in Oregon and Washington state and they both said both states are so corrupt, but they can’t say anything.
Oregon has PERS pension system and that has been hurting for decades.
Now what some of these states are doing and that’s invest these retirement systems in carbon neutral/climate funds, which have been losing money for many years. If states are ran by these type of idiots and their pension plans go broke, then the state needs to come up with the extra funds somehow to fund their pers system. Same goes for California, they are so broke but they still print money to give to illegals.
|