Is the CIA pension plan broke?

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    Mar 08, 2011 11:08 PM GMT
    http://blogs.marketwatch.com/fundmastery/2011/03/08/is-the-cia-pension-plan-broke/

    The Central Intelligence Agency Retirement and Disability System could go bankrupt by the end of 2012 without an appropriation of $513.7 million, according to a request in the 2012 federal budget.

    “Independent actuarial projections show the CIARDS fund going bankrupt by the end of 2012 with an unfunded liability of $6.4 billion,” according to the funding request.

    The requested funds reflect the amortized cost of recapitalizing the system over 20 years, according to the budget request.
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    Mar 09, 2011 2:50 AM GMT
    riddler78 said,

    "Heh sorry to burst your little bubble, I don't actually consider most of the rantings here to be of particular importance and I didn't bother reading the subsequent responses to this thread - and surprise surprise, I didn't bother to read the follow up"