Some friendly advice for anyone living in Kansas: — MOVE! Get the Hell OUTTA THERE! Kansas Gov. Sam Brownback has driven his state right off the rails and over a cliff with his tax-slashing for mega-corporations (while increasing those of the workers). Hes the embodiment of Completely ROTTEN State Governance. — That said, whats NEXT on his Agenda?: Kansas Gov. Sam Brownback’s team is reportedly exploring options to reform the state’s pension systems. — One option on the table: Privatization... Last week, Gov. Brownback proposed cutting the state’s pension payment by $41 million to plug budget holes elsewhere... Supplemented w/AP reportage, including: Budget Director Shawn Sullivan and Secretary of Administration Jim Clark told a joint legislative committee on pensions that reform options for bolstering the public pension system’s long-term health should be examined. Their list included converting pension benefits into annuities managed by a private insurer... — Clark said with converting pension obligations into annuities, a private company assumes the long-term financial risks for a fee, while the state can provide competitive benefits at a lower cost...
Posted on: Tue, 23 Dec 2014 20:59:20 +0000
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