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Pension letter
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<blockquote data-quote="Ms.PacMan" data-source="post: 2050489" data-attributes="member: 4656"><p>Yes - Bernie Sanders has a proposal</p><p><a href="http://www.pensionrights.org/newsroom/releases/sen-bernie-sanders-and-rep-marcy-kaptur-act-stop-devastating-cuts-retirees-pension" target="_blank">http://www.pensionrights.org/newsroom/releases/sen-bernie-sanders-and-rep-marcy-kaptur-act-stop-devastating-cuts-retirees-pension</a></p><p></p><p>It partitions off the pensions from orphaned companies and allows the pbgc to contribute to that fund and supplement pension payouts up to the 110%. It leaves the other employers/employees in the fund to go its natural course (whatever that may be). He would also close two tax loopholes and put that money in a legacy fund to additional pension payouts, if needed, for the orphaned pensions.</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 2050489, member: 4656"] Yes - Bernie Sanders has a proposal [URL]http://www.pensionrights.org/newsroom/releases/sen-bernie-sanders-and-rep-marcy-kaptur-act-stop-devastating-cuts-retirees-pension[/URL] It partitions off the pensions from orphaned companies and allows the pbgc to contribute to that fund and supplement pension payouts up to the 110%. It leaves the other employers/employees in the fund to go its natural course (whatever that may be). He would also close two tax loopholes and put that money in a legacy fund to additional pension payouts, if needed, for the orphaned pensions. [/QUOTE]
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