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Teamsters Pension Fund to cut Benefits 50%+ as Fund Could Bankrupt Govt. PBGC
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<blockquote data-quote="Brownslave688" data-source="post: 1892124" data-attributes="member: 34439"><p>I agree and disagree. Shrinking workforce should have nothing to do with it. That's a Ponzi scheme. If the plan was managed right it would be fine but people were over promised for the amount of money that was going In. </p><p></p><p></p><p>Now I'm the one getting screwed. $400 a week going in on my behalf and I'll be very lucky to get 3k a month out of it.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 1892124, member: 34439"] I agree and disagree. Shrinking workforce should have nothing to do with it. That's a Ponzi scheme. If the plan was managed right it would be fine but people were over promised for the amount of money that was going In. Now I'm the one getting screwed. $400 a week going in on my behalf and I'll be very lucky to get 3k a month out of it. [/QUOTE]
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Teamsters Pension Fund to cut Benefits 50%+ as Fund Could Bankrupt Govt. PBGC
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