Taxpayers cover only 15% of CAAT Pension benefits says Derek Dobson
Taxpayers cover only about 15% of the pension payments under the CAAT Pension Plan, according to Derek Dobson, CEO of the plan. ìSeventy percent of pension payments come from return on investments,î he said, with the other 30% split between employees and employers. The result, he said, is that taxpayers fund only 15% of the…