PressTV - Small town retirees face heavy pension cuts: The city of Central Falls, Rhode Island says they are so broke they had to give their retirees a dreaded ultimatum - give up 50% of your pension or risk losing it all. Infowars.com
The ultimatum has been given as part of an overall restructuring plan for the city in which broad sweeping sacrifices and deep budget cuts are being made across the board in order to close the gap on the city's $80 million dollar budget shortfall.
No comments:
Post a Comment