New Problem for Insolvent Pension Plans: IRS Violations

We know that neither CalPRS nor CalSTRS will ever be able to meet its financial
obligations.  They are both unsustainable and currently, if honest accounting
rules used, are insolvent.
 
Add violations of IRS rules to the mix.
Read more…
Advertisements

About goldcountrypatriots

Administrator
This entry was posted in California and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s