Daily Archives : October 24, 2015

THE OLD CURMUDGEON RETURNS!


CURMUDGEON RANTS AGAIN! There is an eerie Confluence of entertainment with medical science, demographics, economic reality and the politics of Pension funding. In reverse order: Most Pensions are generally pre-funded by contributions invested under actuarial models that earn investment income sufficient to payout the beneficiaries. Old Age security and supplement payments are not prefunded. They are an ongoing obligation of…

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