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Is Central States pension fund ready to go under?
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<blockquote data-quote="JonFrum" data-source="post: 232793"><p>Cole,</p><p>I'm not arguing *for* the Central States Plan, vehemently or otherwise. I'm just trying to provide accurate information, and dispell inaccurate information about matters in general. I'm like a reporter, or an investigative reporter, if you perfer. If others would stop posting anti-CS stuff, THAT IS INACCURATE, then I wouldn't have to post a correction. It's shocking how much false information has been posted about pensions, and for that matter, about me personally.</p><p></p><p>Almost everything that can be said about one plan is also true of most other plans. Almost everything various people have in store for Central Staters, they also have in store for the rest of us. The APWA, for example, is not just a break-a-way group consisting of just their own members, they want to take *all* of us with them! Even if something is done only for Central Staters, the rest of us will be effected in a big way.</p><p></p><p>The laws that apply to Central States are the same laws that apply to the other funds as well. Everything is related. We are all in the same National Master Contract. (OK, except for Locals 705 and 710.) I don't want bad ideas to spread union-wide. Didn't you just witness what happened in Kansas City when half-baked (well intentioned) ideas were allowed to play themselves out? What was thought to be 80% solid support, turned out to be a better than a 3-to-1 rejection. I think it pays to have the advice of level-headed, knowledge people, not ill-informed zealots. </p><p></p><p>As a member I watched as the New England Teamsters Pension Improvement Committee (NETPIC) tried to reform things back in the eighties and nineties, and I sat through all six days of their civil trial against the New England Teamsters and Trucking Industry Pension Fund. I learned a lot. I've tried to pass on some of the hard lessons I learned. Unfortunately, some people are so blinded by their beliefs that they deny or misinterpret nearly everything I say. Some also put words in my mouth and attribute attitudes to me, which just misleads others even further.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 232793"] Cole, I'm not arguing *for* the Central States Plan, vehemently or otherwise. I'm just trying to provide accurate information, and dispell inaccurate information about matters in general. I'm like a reporter, or an investigative reporter, if you perfer. If others would stop posting anti-CS stuff, THAT IS INACCURATE, then I wouldn't have to post a correction. It's shocking how much false information has been posted about pensions, and for that matter, about me personally. Almost everything that can be said about one plan is also true of most other plans. Almost everything various people have in store for Central Staters, they also have in store for the rest of us. The APWA, for example, is not just a break-a-way group consisting of just their own members, they want to take *all* of us with them! Even if something is done only for Central Staters, the rest of us will be effected in a big way. The laws that apply to Central States are the same laws that apply to the other funds as well. Everything is related. We are all in the same National Master Contract. (OK, except for Locals 705 and 710.) I don't want bad ideas to spread union-wide. Didn't you just witness what happened in Kansas City when half-baked (well intentioned) ideas were allowed to play themselves out? What was thought to be 80% solid support, turned out to be a better than a 3-to-1 rejection. I think it pays to have the advice of level-headed, knowledge people, not ill-informed zealots. As a member I watched as the New England Teamsters Pension Improvement Committee (NETPIC) tried to reform things back in the eighties and nineties, and I sat through all six days of their civil trial against the New England Teamsters and Trucking Industry Pension Fund. I learned a lot. I've tried to pass on some of the hard lessons I learned. Unfortunately, some people are so blinded by their beliefs that they deny or misinterpret nearly everything I say. Some also put words in my mouth and attribute attitudes to me, which just misleads others even further. [/QUOTE]
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