Adams shared an announcement from a state pension fund that one of his listeners received. According to the Natural News and Brighteon.com founder, the cost of living adjustment (COLA) for pensions Americans receive annually can only go up a maximum of five percent a year – given that people are already facing inflation of more than 20 percent.

He said the five percent maximum yearly COLA increase in the said pensioner's state would not be able to cover much. This is because ...

What went wrong with pensions — and why the whole world should be worried

https://www.naturalnews.com/2019-04-13-what-went-wrong-with-pensions.html

April 13, 2019 -

(Article by John Rubino republished from DollarCollapse.com)

So why then are US public sector pensions (which own a ton of the above assets) a looming disaster that could trigger the next great financial crisis? Several reasons, ranging from negligence and criminality.

Let’s start with the fact that Wall Street preys on the ignorance of pension fund managers to extract huge fees for little or no excess return. Here’s a video in which pension expert and “forensic ...

California's takeaway plan: Take away your medical choice, pensions, guns, gold and freedom

https://www.naturalnews.com/050744_civil_liberties_california_government_oppression.html

August 11, 2015 - California's takeaway plan: Take away your medical choice, pensions, guns, gold and freedom

Tuesday, August 11, 2015 by: Ethan A. Huff, staff writerTags: civil liberties, California, government oppression

California opens doors to millions of illegal aliens, but says citizens shouldn't be allowed to have guns for self defense

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California's takeaway plan: Take away your medical choice, pensions, guns, gold and freedom

https://www.naturalnews.com/050744_civil_liberties_California_government_oppression.html

August 11, 2015 - California's takeaway plan: Take away your medical choice, pensions, guns, gold and freedom

Tuesday, August 11, 2015 by: Ethan A. Huff, staff writerTags: civil liberties, California, government oppression

California opens doors to millions of illegal aliens, but says citizens shouldn't be allowed to have guns for self defense

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Public pensions risk everything, start piling money into crypto… playing roulette with your retirement

https://www.naturalnews.com/2019-03-04-public-pensions-risk-everything-piling-money-into-crypto.html

March 04, 2019 -

According to reports, a previously obscure finance firm known as Morgan Creek Digital recently decided to launch a crypto-based venture that includes two U.S. pension funds as "anchor investments," which apparently is the first this has ever been done.

The $40 million endeavor is said to be backed not only by these dual pension plans, which are managed by Fairfax County Retirement Systems (FCRS) in Virginia, but also by an insurance company, a university endowment, and ...

Warning to all police, firefighters, schoolteachers: Most government pensions to be confiscated within a decade

https://www.naturalnews.com/041298_unfunded_liabilities_retiree_pensions_government_confiscation.html

a long time ago - Warning to all police, firefighters, schoolteachers: Most government pensions to be confiscated within a decade

Detroit's bankruptcy being challenged

Is Detroit "Too Big To Fail?" An Obama bailout may be imminent

The top 10 biggest U.S. cities on the brink of pension bankruptcy

Cascading financial collapse

Financial collapse is not a doomsday conspiracy theory; it is mathematical inevitability

As bad as pensions are, unfunded health care liabilities are far worse

Get independent ...

Greece headed into 'out of control bankruptcy' - govt. salaries and pensions soon to go unpaid

https://www.naturalnews.com/035858_Greece_bankruptcy_California.html

a long time ago - Greece headed into 'out of control bankruptcy' - govt. salaries and pensions soon to go unpaid

California follows in the footsteps of Greece

Comments from readers in the New York Times:

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https://www.naturalnews.com/035858_Greece_bankruptcy_Californ....

Liberal states facing a COLLAPSE of state incomes thanks to coronavirus shutdowns: Will pensions collapse, too?

https://www.naturalnews.com/2020-04-05-liberal-states-collapse-state-incomes-coronavirus-shutdowns.html

April 05, 2020 -

And the longer states will be starved for income taxes, which is creating a new fiscal crunch for jurisdictions that were already hard-pressed.

According to Sophie Quinton of the Pew Trust:

Economists who advise the Colorado legislature told lawmakers in mid-March to expect a roughly $800 million revenue decline for the next fiscal year as people travel and dine out less during the coronavirus pandemic. That estimate already looks far too optimistic.

“The ...

Several states set to collapse under crushing weight of bankrupt pensions: Will Illinois become the first?

https://www.naturalnews.com/2017-06-19-states-set-to-collapse-under-crushing-weight-of-bankrupt-pensions-will-illinois-become-the-first.html

June 19, 2017 -

In 2013, Adams warned police officers, firefighters, teachers and others who work for government entities that unless funding mechanisms and payout schedules changed, their pensions would be gone in a few years. Referencing the city of Detroit’s bankruptcy, Adams wrote of the larger problem in municipalities all over America:

Across the country, city governments have all spent the pension funds instead of saving them. Almost no large city has the funds necessary to pay ...

Scientists fighting smoking-related cancer deaths shocked to learn their pensions are invested in Big Tobacco

https://www.naturalnews.com/054322_big_tobacco_scientists_pension_plans.html

June 11, 2016 - Scientists fighting smoking-related cancer deaths shocked to learn their pensions are invested in Big Tobacco

Saturday, June 11, 2016 by: Daniel BarkerTags: big tobacco, scientists, pension plans

Pension fund tobacco investment "outrageous," says cancer researcher

USS's lame defense

One in five deaths caused by smoking

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Chicago Tribune echoes the Health Ranger, warns that government pensions will evaporate before many retirees can collect

https://www.naturalnews.com/2017-04-29-chicago-tribune-echoes-the-health-ranger-warns-that-government-pensions-will-evaporate-before-many-retirees-can-collect.html

April 29, 2017 -

In an April 17 column, Trib writer Terry Savage notes that scores of Americans who are working now and are contributing to a pension fund are not likely to see a single dime of that money by the time they retire, because the payouts promised long ago are outstripping the funds’ income.

Citing a recent study by an organization called Truth in Accounting, which examined the health of 237 municipal pension funds around the country, Savage reported that many of these funds ...

U.S. politicians demand veterans sacrifice meager pensions to keep government salaries 300% higher than the average American's

https://www.naturalnews.com/052538_veterans_benefits_US_Congress_government_salaries.html

January 07, 2016 - U.S. politicians demand veterans sacrifice meager pensions to keep government salaries 300% higher than the average American's

Thursday, January 07, 2016 by: J. D. HeyesTags: veterans benefits, U.S. Congress, government salaries

Punish the troops but don't cut their own benefits!

Are you beginning to understand why no one likes Congress?

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Running on financial fumes, the Obama Administration now planning on confiscating retirement accounts and pensions across the nation

https://www.naturalnews.com/052210_Obama_Administration_retirement_accounts_financial_collapse.html

December 05, 2015 - Running on financial fumes, the Obama Administration now planning on confiscating retirement accounts and pensions across the nation

Saturday, December 05, 2015 by: J. D. HeyesTags: Obama Administration, retirement accounts, financial collapse

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More news on Obama Administration

Take Action: Support Natural News by linking to this article from your ...

Global FORCE MAJEURE coming after declaration of World War III – many financial obligations, contracts and pensions will be vacated

https://www.naturalnews.com/2022-09-12-global-force-majeure-coming-after-declaration-of-world-war-iii.html

September 12, 2022 -

In order to achieve this, western nations must first invoke global war with either Russia or China. As we have exhaustively documented this year, many efforts are under way by the Biden regime controllers to ignite war with both adversaries. The latest example is the Ukrainian counteroffensive, heavily hyped by western media, that saw Russian military forces withdraw from a region containing around 40 - 50 small villages and towns in order to avoid being encircled by Ukrainian ...

If Chicago can’t even fund its pensions, how is it going to fund “universal basic incomes” for the masses?

https://www.naturalnews.com/2018-09-18-chicago-cant-even-fund-its-pensions-universal-basic-income.html

September 18, 2018 -

The pilot program, pushed by Chicago’s North Side Alderman Ameya Pawar, would give 1,000 families a $500 monthly stipend. Emmanuel's task force will feature a panel that will ultimately decide if universal basic income (UBI) can work in the city. Pawar will be a part of the panel and states that UBI will help Chicago tackle poverty.

The city of Chicago has $28 billion in pension debt, as of August 2018. Unless the city has found a way to create money out of thin air, ...

EXPOSED: Health threats of 'safe' levels of radiation covered up by Anglo-American establishment in nuke test; vets fight for pensions

https://www.naturalnews.com/041130_Christmas_Island_atomic_bomb_tests_veterans.html

July 10, 2013 - EXPOSED: Health threats of 'safe' levels of radiation covered up by Anglo-American establishment in nuke test; vets fight for pensions

Wednesday, July 10, 2013 by: Anna BraggaTags: Christmas Island, atomic bomb tests, veterans

A victory for the vets would destroy the current radiation risk model and open the floodgates for more claims

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California is too broke to pay its pensions, but now wants to explore paying “reparations” to black people who were never slaves

https://www.naturalnews.com/2020-09-03-california-too-broke-for-pensions-reparations-black-people.html

September 03, 2020 -

In a bipartisan 33-3 vote, the state Senate voted overwhelmingly to create a study group, presumably led by blacks, to determine how much money needs to be stolen from white people and redistributed in order to achieve "social justice" throughout California, a state where black people have never even been enslaved.

"Let's be clear: Chattel slavery, both in California and across our nation, birthed a legacy of racial harm and inequity that continues to impact the conditions ...

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