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Home
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Brown Cafe UPS Forum
UPS Retirement Topics
Raising the Union retirement age
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<blockquote data-quote="JonFrum" data-source="post: 1010703" data-attributes="member: 18044"><p>The PBGC has no responsibility for those orphaned workers so long as the overall pension fund is still solvent. Besides, the PBGC is chronically in the red just like the pension funds. As is the PBGC's ultimate backer, the Federal Government.</p><p></p><p>Dumping those orphaned workers on the backs of the already overburdened taxpayers won't work in this climate.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 1010703, member: 18044"] The PBGC has no responsibility for those orphaned workers so long as the overall pension fund is still solvent. Besides, the PBGC is chronically in the red just like the pension funds. As is the PBGC's ultimate backer, the Federal Government. Dumping those orphaned workers on the backs of the already overburdened taxpayers won't work in this climate. [/QUOTE]
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Raising the Union retirement age
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