Pension, healthcare, Medicaid conundrum

[nun]

When government pensions skip their required contributions it is easily seen the compounding damage done to it years down the road.


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Yes very true. My state obviously fully funded the DC side of things, but did not do the same for the DB pension option for a long time, relying on investment gains and creative accounting to plug the gaps. That has now changed with the 2012 pension reforms and the state is increasing it's annual contribution to catch up.