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The strike that was
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<blockquote data-quote="tieguy" data-source="post: 328531" data-attributes="member: 1912"><p><span style="color: blue">how silly was it. In hindsight we bailed out the CS plan. I wouldn't be surprised if we bail out others in the future. The cost now was much higher then it would have been in 97.</span></p><p> </p><p><span style="color: #0000ff">our offer to buy the pensions and pay 3000 grand a month actually resulted in many plans offering to pay our retirees more a month.</span></p><p> </p><p><span style="color: #0000ff">six years after the strike 11 of 21 multi employer plans were less then 70 percent vested. </span></p><p> </p><p><span style="color: #0000ff">The new pension reform laws that took affect in january exposed the weaknesses in many plans</span></p></blockquote><p></p>
[QUOTE="tieguy, post: 328531, member: 1912"] [COLOR=blue]how silly was it. In hindsight we bailed out the CS plan. I wouldn't be surprised if we bail out others in the future. The cost now was much higher then it would have been in 97.[/COLOR] [COLOR=#0000ff]our offer to buy the pensions and pay 3000 grand a month actually resulted in many plans offering to pay our retirees more a month.[/COLOR] [COLOR=#0000ff]six years after the strike 11 of 21 multi employer plans were less then 70 percent vested. [/COLOR] [COLOR=#0000ff]The new pension reform laws that took affect in january exposed the weaknesses in many plans[/COLOR] [/QUOTE]
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The strike that was
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