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Not a retiree or an employee, I do understand basic finances. 800 million is not due tomorrow, neither is the 128,000 I owe on my house. I have 17 years to pay for it. At some point all of police/fire pension 1 employees will die and that liability will go away. Last week those clowns claimed it was 933 million. Now it’s 800. None of which is due tomorrow. Sorry they are sounding an alarm that isn’t there.

From: A rosy picture of city finances?

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