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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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<blockquote data-quote="crazyeyes" data-source="post: 1866615" data-attributes="member: 456"><p>Fact: 2008 bankers wrote bad loans, made stock market crash. This affected the pension fund . </p><p>Fact: the stock market did recover, but the pension fund never did. ( why?)</p><p>fact: the politicians saw that the pension funds were in trouble, they took back there promise of insurance, and snuck a earmark into the last spending bill saying that they would no longer insure multi employer pension funds. This was aimed right at the Central States Pension fund.</p><p>Fact: This is not a negotiation over wage increases, sometimes you get what you want sometimes you don't . This is not a negotiation over healthcare benefits.</p><p>This is a promise, made to workers , and paid for by workers that simply can not be nullified , if people are to have any faith in our system.</p><p>fact: Tom Nyhan is director of both the Central States Pension Fund and of Teamcare. ( you think he collects two paychecks ? ) </p><p>fact: How many more executives work for both Central States and Teamcare?</p><p>fact: How many people are happy with Central States pension fund, right now?</p></blockquote><p></p>
[QUOTE="crazyeyes, post: 1866615, member: 456"] Fact: 2008 bankers wrote bad loans, made stock market crash. This affected the pension fund . Fact: the stock market did recover, but the pension fund never did. ( why?) fact: the politicians saw that the pension funds were in trouble, they took back there promise of insurance, and snuck a earmark into the last spending bill saying that they would no longer insure multi employer pension funds. This was aimed right at the Central States Pension fund. Fact: This is not a negotiation over wage increases, sometimes you get what you want sometimes you don't . This is not a negotiation over healthcare benefits. This is a promise, made to workers , and paid for by workers that simply can not be nullified , if people are to have any faith in our system. fact: Tom Nyhan is director of both the Central States Pension Fund and of Teamcare. ( you think he collects two paychecks ? ) fact: How many more executives work for both Central States and Teamcare? fact: How many people are happy with Central States pension fund, right now? [/QUOTE]
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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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