The Wisconsin Lie Exposed — Taxpayers Actually Contribute Nothing To Public Employee Pensions
"Out of every dollar that funds Wisconsin’s pension and health insurance plans for state workers, 100 cents comes from the state workers." How can this be possible? Simple. The pension plan is the direct result of deferred compensation- money that employees would have been paid as cash salary but choose, instead, to have placed in the state operated pension fund where the money can be professionally invested (at a lower cost of management) for the future…
Read full article [here].
by Rick Ungar, Forbes.