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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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<blockquote data-quote="Inthegame" data-source="post: 1867343" data-attributes="member: 37112"><p>Of course it does, but the administators of the trust funds aren't the guilty parties here. Is Tom Nyhan an organizer? Is he resposible for participation declines? Does he negotiate terms of any CBA, increasing benefit payouts? Did any current administrator on your salary list advocate for service pensions for all Teamsters in '97? No, no, no and no, yet these guys are taking the hits for past leadership missteps.</p><p>As the CSPF participation level shrinks, logic would dictate many of these positions will be combined so administration costs will decline. If this group can save this failing fund, the trustees will decide their salaries.</p><p></p><p>Right because the last thing the CSPF needs is educated Trustees and administrators.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1867343, member: 37112"] Of course it does, but the administators of the trust funds aren't the guilty parties here. Is Tom Nyhan an organizer? Is he resposible for participation declines? Does he negotiate terms of any CBA, increasing benefit payouts? Did any current administrator on your salary list advocate for service pensions for all Teamsters in '97? No, no, no and no, yet these guys are taking the hits for past leadership missteps. As the CSPF participation level shrinks, logic would dictate many of these positions will be combined so administration costs will decline. If this group can save this failing fund, the trustees will decide their salaries. Right because the last thing the CSPF needs is educated Trustees and administrators. [/QUOTE]
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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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