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<blockquote data-quote="hypo hanna" data-source="post: 1197220" data-attributes="member: 42600"><p>Yes there were/are some underfunded pensions but a lot of the ones like our that were converted to portable 401K BS plans were actually OVERFUNDED. They could t get their hands on that differance without shutting down the traditional plans. </p><p>Read "Retirement Heist" by Ellen Schultz if you want to know what happened to pensions in this country.</p></blockquote><p></p>
[QUOTE="hypo hanna, post: 1197220, member: 42600"] Yes there were/are some underfunded pensions but a lot of the ones like our that were converted to portable 401K BS plans were actually OVERFUNDED. They could t get their hands on that differance without shutting down the traditional plans. Read "Retirement Heist" by Ellen Schultz if you want to know what happened to pensions in this country. [/QUOTE]
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