[quote=SK in CV][quote=GH]Every time I post about public unions a host of you jump on the “killing the middle class” bandwagon, but it is clear the San Diego Pension Managers apart from violating State and Federal law by failing to fund their pensions when benefits were increased have gambled away the bulk of the money on bad investments.

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Pension managers don’t fund the pensions. Employers do.[/quote]

Pension managers DO “manage” pensions. At least here in San Diego, the pension is not funded – promised, but NOT funded sufficiently. This seems like the act of a debtor charging away debt and hoping to “somehow” come up with the money later.