There is going to be a bigger issue with them retiring, the pension fund will go dry. With no one paying into it because there arent any new employees, they will have to declare bankruptcy as a county. Hopefully there wont be a bailout for them, though I do feel sorry for those that paid in and wont get their checks.
There is going to be a bigger issue with them retiring, the pension fund will go dry. With no one paying into it because there arent any new employees, they will have to declare bankruptcy as a county. Hopefully there wont be a bailout for them, though I do feel sorry for those that paid in and wont get their checks.
They’ll just raise the taxes.
Upstate
I'm wondering if the pension fund has already been gutted by DiBlasio.
the pension fund is a state fund - not city