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Is it true?...
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<blockquote data-quote="barnyard" data-source="post: 2170619" data-attributes="member: 13921"><p>The truth of the matter is that the Central States Pension plan is older and funding more retirements from companies that are out of business than any west coast local. As union memberships decrease, expect to see more and more defined benefit pension plans failing. Defined benefit pensions are simply not sustainable. That is a fact that is supported by simple math and further supported by history.</p></blockquote><p></p>
[QUOTE="barnyard, post: 2170619, member: 13921"] The truth of the matter is that the Central States Pension plan is older and funding more retirements from companies that are out of business than any west coast local. As union memberships decrease, expect to see more and more defined benefit pension plans failing. Defined benefit pensions are simply not sustainable. That is a fact that is supported by simple math and further supported by history. [/QUOTE]
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