Pension Responsibilities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Blaming the public sector unions for this essentially for politicians compensating public sector employees not recurrent pay but providing contingent huge pension responsibilities that would saddle future administrations. >> like they're dealing with new jersey right now. >> what is happening all over the country, what i was told is this happens just as much where those workers are not represented by collective bargaining units and pacific, this is mostly a function of a failure of politicians rather than than an aggressive strategy of the public sector unions. but i don't know. >> nick kristo...

They thought they made a nest egg for embasthemselves and the family buying potential homes. there's a lot of people impacted by this and what you fear from big government. >> some people realizing california has huge pension responsibilities to unions and aren't going away and here the small business person creating jobs is on the losing ends of this. we'll watch and see if they appeal the case and how they do. >> we'll see. >> you can watch melissa on the fox business network every night. "money with melissa francis" airs 5:00s eastern time. new worries about the future of obamacare as the...

Because the economy is better. >> what are the cities? >> chicago. it has fairly large pension responsibilities. it has as steve says has great advantages. the economy is great. philadelphia is looking at the same thing. couple of towns and cities. stockton, california. >> whole state of illinois has funded its pension plan by 45%. it's basically an intergenerational thing. >> there are a lot of very creative ideas that could be applied just to detroit. the people on the right and left you can create one jack kemp style. you can give incentives to immigrants. move to detroit. there are things ...