I would rather take a 50% cut now instead of a 100% cut in 10 years. Oh wait, you will probably dead and gone and wont care at that point. Just like the fund. And to hell with those paying into the CSPF pit today. Restitution? Thats the biggest
laugh yet. I think I will go after the company that picks the powerball numbers for restitution for stealing my lotto money and not paying up. You people just dont get it. They money is GONE. Wiped out in the stock market crash. NO OUTSIDE MONEY IS COMING TO FIX THE FUND. IT IS GOING BELLY UP. But you dont care as long as you get yours until you drop dead.
Read post #154 again! Your compliant, and believe those who are trying to steal from us They are just trying to protect themselves. They do not want to be held accountable. Sure looks to me that you will accept anything even it will do harm to your family. Difference is I won't!!!
MPRA was created by CSPF Executive Director Thomas Nyhan, and NCCMP Executive Director RandyG.DeFrehn. This bill was wrote for CSPF, designed to make the Retirees pay for CSPF incompetence, and Wall Street’s arrogant ways of stealing from Pension Funds. The Department of Labor and US District Courts Knew this was happening, but kept a blind eye to the theft. This bill was wrote so CSPF would not be held accountable. This bill in my mind is unconstitutional. Besides stealing Retirees pensions, they designed it so our vote means nothing. There is no provision if CSPF again becomes solvent. Retirees will not ever receive their full pension once CSPF Rescue Plan was implemented. There is too many things wrong with this bill and Congressman Kline knew that this bill would never be passed if it was to be voted on its own merits. Congress pushed this bill thru to protect PBGC from having to fulfill their promise of guaranteed pensions. CSPF has been paying PBGC to insure Retirees will be paid if their pension fund cannot. IMO this is fraud to take money with no intentions of every paying out.
No Retiree is going to accept a cut in their pension unless they are forced to. Retirees worked until they felt they were secure financially for their upcoming Retirement. They depend on their promised pension to make their home and auto payments. Their pension was negotiated and paid in on their behalf. Many times giving up wages, and benefits to guarantee we would have our pensions when it came time to retiree. If their pension are cut they will not be able to pay for their home, auto, health, and Life insurance payments… Not be able to take care of their monthly obligations, resulting in having to seek Government assistance. Health care keeps raising and takes a big portion of their income, leaving them very little at the end of the month.
For those who think Retirees are greedy, and meester’s, you don’t know what they are talking about, and are ignorant. You say Retiree’s don’t care about the active people, your wrong again. They are trying to save it for everybody, not just for themselves. Have you read CSPF economic statement? I don’t think you have! If Retirees are forced to take cuts, this is going to affect more than just the Retiree, it is going to affect the local businesses, Schools, their committees, Counties, State, and the Federal Government thru loss of tax dollars, and Retirees buying power. I know you don’t care but it could be the start of the next economic disaster in the United States, and this will have effects on every man, woman and child. So if you don’t like it that Retirees fighting the cuts, just for their survival that is your problem... not mine. Retirees around the country are organizing and talking to congress to find a solution, one that will benefit everybody, but if the choice is getting our pension cut by 50 to 70% then we choose to draw our full pension till it runs dry. Many of us won’t be around in 10 years, so they have nothing to lose. If you don’t like it then GET OVER IT, because we will fight to keep what is ours.
You want us to take cuts just so you will get your full pension… NOT GOING TO HAPPEN. Retirees are having to fight for everything, just for survival. My Question to you is What are you going to do when our Government tries to destroy Social Security, It’s your money, and you paid in it, are you going to fight for it? Knowing you, I believe you will just accept it. Are you going to demand senior citizens take a cut or die to guarantee you get yours? Personally I believe you are brainwashed and you will just accept it.
IMO, you are so blinded and bitter you won’t even try to fight to save your own pension. If you won’t fight for what is yours they that is your problem. Retirees are trying to save it for everybody so all pensions are paid in full… NOT JUST FOR RETIREES. If you don’t like it get over it, because personally I don’t care.
I will not respond to ignorant posters, or ignorant post, unless I choose to. You know who you are, and I am not going to try to explain it to you, when you really don’t care. You don’t know the facts, and don’t give a dam about what is happening or how this will affect those involved. IMO you are only here to start a trouble. If you don’t like it… That is your problem, and I personally don’t care!!!
I like to know after we are gone who is going to fight for you… With your arrogance and ethics, I know you won’t stand up for yourself. You have already proved it here with your actions. You better hope there will be someone is still around that has not been brainwashed like you have, and willing to speak out and fight for what is right.