Pension Plan Blow Up #127

Podcast: Raider-Cop Podcast Date: Feb 19, 2020 Episode #127 Subject: Pension Plan Blow Up Host: Al Martinino, Aka Alpha Mike Characters: All First Responders Pension Plans Intro: Host Al Martinino, talks about President Trumps recent "State Of The Union" speech and Virgina Bolshevik Guns law. Word Of The Week: Though I speak with the tongues of men and of angels, but have not love, I have become sounding brass or a clanging cymbal. And though I have the gift of prophecy, and understand all mysteries and all knowledge, and though I have all faith, so that I could remove mountains, but have not love, I am nothing. And though I bestow all my goods to feed the poor, and though I give my body to be burned, but have not love, it profits me nothing. 1 Corinthians 13:1-3 Website: https://TestEverything1521.buzzsprout.com  Main Topic: Outline Format Money is the root of all evil Two billion people at risk of losing their pensions world wide The public pension system is about to collapse in America Wall Street is at the helm, and the money has been stolen Just as Jimmy Hoffa Teamsters, invested in Las Vegas and loss, pensions are being gambled 401K created in the 1970's as a employee supplement savings plan, not a retirement plan Financial planners birth in the 70's, school teachers, shoe salesman, etc Today Gov't want to replace pension plans with 401k In the future Employers may not contribute to 401k Pension plan are under funded and Wall Street steps in with high fee's List of Gov't pensions recently in the news Most pension boards have no experience in running the fund Call to action Reference: Dallas Police and Fire Pension chief isn't afraid of burning bridges to save the system City of Dallas owes more than $2 million to police and fire pension, lawsuit claims Billions in pension shortfalls threatening Texas cities' budgets Lexington shorted its police and fire pension fund $3.6 million over a decade Michigan Police Pension Files Securities Lawsuit Against Prudential Bill to consolidate Illinois public safety pension funds passes legislature Bill to protect Oklahoma officer pensions should pass Puerto Rico 2.6 million pension fund went to hacker instead  New Mexico Public Pension Reform Passes in Senate WB Pension Board votes against higher contributions Detroit pension fund sues its oversight panel over 'unlawful' executive pay raise California Public Pension Debt Soars to $1.4 Trillion in 2016, Up 45% in Just Two Years Perris paid off $14.3 million in pension debt, while other California governments struggle with it Riverside County’s unfunded pension debt grows to $3.5 billion Florida Supreme Court upholds law requiring state workers to contribute 3 percent to pension plan With Debt and Unfunded Liabilities Growing, Florida’s Pension System Still Needs Reform Public pensions in Florida Pittsburgh Municipal Pension Trust Fund explores divestment from fossil fuels Song of the Week: Gary B.B. Coleman - The Sky is Crying Up Next: Why RICO ? #128 @RaiderCopNews @TestEvery1521 Test Everything 5 minutes on the Power of God Instagram @raidercoppodcast Parler: @RaiderCopNation Facebook  Twitter iTunes  Spotify   Stitcher  Google Play  PodBean  YouTube TuneInJoin the Raider-Cop NATION Pistol Pete the Gunsmith Kilo Sierra’s Firearms Training or Investigation: Sepulveda inc#EmpanadaLadiesOfGeorgia #JailsLASD #CACorrections #MDCR #NYPD #LAPD #LASD #MDPD #MPD #NYSP #NJSP #LVPD #Security #HCSO #PBSO #BSO #OCSO #PCSO #SFPD #DPD #HPD #SAPD #LCSO #FMPD #CCSO #NYC #NYCDOC #NJDOC #PPD #SLPD #CPD #TestEverything @RaiderCopNation #RaiderCopNation #TrainUp #o9TG #WiseGuySeries #TrainUpSeries #RollCallSeries #ThinkOuttaDaBox #SideBarSeries #BeLikeJackYoutube Free Music: Triumph by Yung Logos, Rodeo Show by The Green Orbs, Minor Blues for Booker E’s Jammy Jams, Happy Birthday Mambo, by E’s Jammy James. The Awakening Patrick PatrikiosMusic: I'm Back by Eye of the beholder. This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.