Wednesday, March 09, 2011

More top secret hilarity

From Pensions and Investments:
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.
That is pretty funny, but the kicker is a rib buster:
CIA spokesman Preston Golson declined to reveal the size of the assets or liabilities of the pension plan, or the location of the fund.

"The CIA cannot address your specific questions because details associated with the CIARDS budget are classified," Mr. Golson said in an e-mailed response to questions.
(h/t The Agonist)


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