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I understand that the Vatican is its own sovereign, but even so, the union of lay employees may want to have an actuary of their own to take a look at how things stand.
I see this is the Italian actuarial organization: actuary-isoa.com/index.… -- They may want to contact someone there to see if there is someone they can consult with.
....b…
I understand that the Vatican is its own sovereign, but even so, the union of lay employees may want to have an actuary of their own to take a look at how things stand.
I see this is the Italian actuarial organization: http://www.actuary-isoa.com/index.php/about -- They may want to contact someone there to see if there is someone they can consult with.
....but it does look like the Vatican doesn't feel like sharing any of this information with interested parties. How transparent of them.
The lack of transparency and failure to share finanacial information would, I believe, violate federal law were this a US pension plan. Yes, the Vatican is a sovereign state but that makes this no less disgraceful. The Vatican can’t meet its pension obligations but had no problem wasting a lot of money on its synodaling event?!!
"The Vatican can’t meet its pension obligations but had no problem wasting a lot of money on its synodaling event?!!"
This is an excellent point. I receive request for donations in the mail from worthwhile causes every day and wish that I could help them all but I just cannot. I have to be realistic about how I can help and that my funds have a limit. (Heck, I wish that I could sponsor The Pillar for $10,000.00/mo.) but I just don't have that kind of money.
I just cannot spend money that I don't have. Still less, can I spend someone else's
money for a cause that I think is worthwhile.