Comments on: Actuarial Review Of Government’s Pension Plans https://bernews.com/2025/03/premier-on-review-of-govts-pension-plans/ Bermuda's #1 source for 24/7 breaking news, photos & videos Wed, 15 Jul 2026 20:44:28 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Ringmaster https://bernews.com/2025/03/premier-on-review-of-govts-pension-plans/#comment-5979554 Fri, 21 Mar 2025 20:29:06 +0000 https://bernews.com/?p=1471675#comment-5979554 The CPF is a Government sanctioned Ponzi scheme. Take money today from people expecting a pension, but use it to give benefits to current seniors. If the CPF is expected to ruin out in 2041 it will need a massive amount of money to top it up. CIT is not going to be the saviour Burt thinks it is.

]]> By: Wow https://bernews.com/2025/03/premier-on-review-of-govts-pension-plans/#comment-5979550 Fri, 21 Mar 2025 19:24:25 +0000 https://bernews.com/?p=1471675#comment-5979550 Pension funds going to run out two years erarlier than projected last year. Thi is a MASSIVE proble no money after 2046, that is 21 years away.

]]> By: Joe Bloggs https://bernews.com/2025/03/premier-on-review-of-govts-pension-plans/#comment-5979546 Fri, 21 Mar 2025 17:18:21 +0000 https://bernews.com/?p=1471675#comment-5979546 “We have started to take the necessary actions to ensure that the PSSF is sustainable”

The PLP has been the government of Bermuda since 1998 (save for one short period of time) and it has only just “started” to take the necessary steps to ensure that civil servants’ pension fund is “sustainable”?

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