I feel kinda dumb.. so, all is lost? Big why bother? Nothing to see, move along? No expainations or investigations? But, the markets have recovered 10 fold why is CSPF broke? If they are done, then why not shut the show down snd be done with it? (Of course it would end the cash cow the trustees have become acustomed to.)Nothing to report. CSPF has told everyone for years, we run put of money in 7 years or less.
That doesn’t mean that the discussion is over or that all is lost. There are rescue plans in place. The same Govt. that “monitored” the Funds’ money hemorrhage, is now in a position to rescue the Retirement of Thousands of current and near future Retirees. And should act. But of course it would be wise to expect nothing to be acted on.. CSPF has told everyone for years, we run put of money in 7 years or less.
1:It wont get out of Committee. It's been there since last NovemberThe US Govt. ( Senate and House) ARE in a position to enact Legislation (and sell Treasury Bonds) to Rescue and provide relief to Retirees. And IMO they should do so. You apparently do not agree.