Comments on: Is Your Pension Safe? http://wealthpilgrim.com/is-your-pension-safe/ WealthPilgrim.com -No Money Worries. No Matter What. Wed, 30 May 2012 00:03:08 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Eileen Borow http://wealthpilgrim.com/is-your-pension-safe/#comment-1357 Eileen Borow Thu, 23 Jul 2009 07:35:31 +0000 http://wealthpilgrim.com/?p=485#comment-1357 Neal, (7/22/09 If you have today's L.A.Times, check out the Business Section regarding CalPers. Looks like a change is going to take place because of the big loss, due to the investments, and the state may need to help them out. I'm hoping they don't reduce our monthly pension payment. Some big changes are going to occur for the future retirees. Eileen Neal, (7/22/09
If you have today’s L.A.Times, check out the Business Section regarding CalPers. Looks like a change is going to take place because of the big loss, due to the investments, and the state may need to help them out. I’m hoping they don’t reduce our monthly pension payment. Some big changes are going to occur for the future retirees.
Eileen

]]> By: Neal http://wealthpilgrim.com/is-your-pension-safe/#comment-1347 Neal Wed, 22 Jul 2009 15:59:04 +0000 http://wealthpilgrim.com/?p=485#comment-1347 Eileen, Hard to say how this will impact your payments but I wouldn't worry too much. The losses have already been incurred so my thinking is, if CalPers was going to have a problem making payments you'd know it by now. Neal Eileen,

Hard to say how this will impact your payments but I wouldn’t worry too much. The losses have already been incurred so my thinking is, if CalPers was going to have a problem making payments you’d know it by now.

Neal

]]> By: Eileen Borow http://wealthpilgrim.com/is-your-pension-safe/#comment-1337 Eileen Borow Tue, 21 Jul 2009 22:53:38 +0000 http://wealthpilgrim.com/?p=485#comment-1337 My husband retired from the state of California long ago (as you know). We receive a monthly check from his pension plan. CalPers is now suing the companies that rate the various companies that CalPers invest our money in because these companies were given AAA ratings, which CalPers says is bogus. This has me a little worried, as we depend on this money to survive. Will the outcome affect us? I guess we take that which is constant for granted & hope that we can survive another day. My husband retired from the state of California long ago (as you know). We receive a monthly check from his pension plan. CalPers is now suing the companies that rate the various companies that CalPers invest our money in because these companies were given AAA ratings, which CalPers says is bogus. This has me a little worried, as we depend on this money to survive. Will the outcome affect us? I guess we take that which is constant for granted & hope that we can survive another day.

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