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APWA Newsletter: Here We Go Again!
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<blockquote data-quote="bluehdmc" data-source="post: 742749" data-attributes="member: 18471"><p>Just about every pension fund particpant got this kind of letter. Not just Central States, not just Teamsters. I live in NJ and the public employeess pension funds are supposed to be in the red. In that case some of it had to do with a governor's choice not to fund it because investments were doing so well. Now that we are in a "recession" the funds aren't doing well. </p><p>It was explained to me that these letters are the result of a federal law that became effective this year. </p><p>I wouldn't be too concerned about a letter I recieved over the internet. I'm not worried about my retirement. I just recieved a letter over the internet from an attorney in Niarobi, or Kenya, or someplace like that who had a client die without any heirs, (some oil company employee). He wants me to pose as the long lost nephew, and will split my "uncle's" $37,000,000 estate with me. I should be set for life then.</p></blockquote><p></p>
[QUOTE="bluehdmc, post: 742749, member: 18471"] Just about every pension fund particpant got this kind of letter. Not just Central States, not just Teamsters. I live in NJ and the public employeess pension funds are supposed to be in the red. In that case some of it had to do with a governor's choice not to fund it because investments were doing so well. Now that we are in a "recession" the funds aren't doing well. It was explained to me that these letters are the result of a federal law that became effective this year. I wouldn't be too concerned about a letter I recieved over the internet. I'm not worried about my retirement. I just recieved a letter over the internet from an attorney in Niarobi, or Kenya, or someplace like that who had a client die without any heirs, (some oil company employee). He wants me to pose as the long lost nephew, and will split my "uncle's" $37,000,000 estate with me. I should be set for life then. [/QUOTE]
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