On Wednesay night after candidate for State Senator Scott Frantz and Alex Bergstein debated, four State Representative candidates had their own debate. Moderator Kay Maxwell first asked about solving problems with state pensions. Steve Meskers, a finance expert who had a 35-year career on Wall Street specializing in emerging markets with a focus on Latin America, is challenging incumbent Mike Bocchino in the 150th House district, said the state’s pension funds system was pay-as-you-go from 1931 until about 1975. “In 1984 those pensions began to be fully funded for a short while, and then were left unfunded. The gap is tremendous,” he said. Continue Reading →