Pensions everywhere need to be alert.

[Up In Smoke]

Biden announced 36 billion in Central States relief to avoid pension cuts. Looks like these dollars will be made available today.

 

[DELACROIX]

Biden announced 36 billion in Central States relief to avoid pension cuts. Looks like these dollars will be made available today.

I wonder if those retirees will get two separate checks... one from the PGBC and the other from their individual pension trusts ?

 

[rod]

I wonder if those retirees will get two separate checks... one from the PGBC and the other from their individual pension trusts ?

Does it matter. 1 or 2 checks is better than none.

 

[Over70irregs]

Pander ponzinomics. It does not address the underlying issue. That bailout dilutes the $ supply. Smoke and mirrors.

 

[Babagounj]

I'm a good example of having a pension & an 401K.
The pension covers a majority of my expenses and the 401K allows for more toys.
I used the 401K for a new custom boat & trailer, paid off my mortgage, bought a new truck { taken out around 150K over the last 7 years }. And still have enough left to keep me comfortable into old age.
And because of all this I can wait until 70 yrs to collect SS. { the maximum possible amount allowed }