Contract rumor 2 tier and Grandfathering PTimers

UnconTROLLed

perfection
If you feed the Troll

They just come back.... Again and again....

With nothing more, than they have regurgitated.... over and over.

From this site.... to that site.... "ad nauseam"


-Bug-
Did scb mistake BC for a mind-numbingly devoid of personality over-55 community?

I'm thinking he missed a left at the golf course
 

satellitedriver

Moderator
Central States Pension Plan.
Many fancy words can explain away the responsibility, of the responsible parties, that held the trust of the investments.
CS invested in a Russian Bank that went belly up.
And, that is just where the list begins of the foolish "investments" that CS tried using to "protect and fulfill" the false promise.
In a nutshell, the proof is in the pudding.
CS is 57% funded and failing.
UPS, in good faith, funded every promised dollar into CS, and now it is UPS's fault that the fund is failing?
If you believe this, then vote for Obama and we can tax our way out of this dilemma.

 

brown_trousers

Well-Known Member
Central States Pension Plan.
Many fancy words can explain away the responsibility, of the responsible parties, that held the trust of the investments.
CS invested in a Russian Bank that went belly up.
And, that is just where the list begins of the foolish "investments" that CS tried using to "protect and fulfill" the false promise.
In a nutshell, the proof is in the pudding.
CS is 57% funded and failing.
UPS, in good faith, funded every promised dollar into CS, and now it is UPS's fault that the fund is failing?
If you believe this, then vote for Obama and we can tax our way out of this dilemma.


Are people pointing the finger at UPS?? Was UPS somehow responsible for how CS invested their money? Im in agreement with you. UPS fulfilled exactly what they agreed to, they paid those pension contributions right where the teamster contract told them too.
 
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