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Message: <blockquote data-quote="Inthegame" data-source="post: 1586411" data-attributes="member: 37112">Indeed. But a pension is never a Ponzi scheme as even a troubled plan must invest assets. Once again policing the "properly managed" aspect is up to the participants, who get to vote for their leaders, who get yearly statements on each plan and then who throw away the info without opening the letters. Then they don't go to their locals meetings so no questions are asked as to performance, no trustees are ever questioned and seldom are any trustees voted out of office even if their plans have poor performance.Instead the guys left trying to solve todays problem caused by yesterdays apathy, are vilified. Perfectly logical in todays 'lets blame the union' world.</blockquote>