Yellow | So... What was said over the phone about the pension?

Central State says it's broke 2025 is out of money this is from the board of directors why are we still paying into a fund that is broke the ones that have to work why is the union not stepped in and reconfigured a new formula for the ones that are working cannot stand seven more years of not being paid into a pension

Their only answer is to force the companies to pay more into the fund.Even at full rate it only kicks the can down the road a few more years for those already retired.
Let's hope the government steps in since they made this ponzi scheme legal.
 
Their only answer is to force the companies to pay more into the fund.Even at full rate it only kicks the can down the road a few more years for those already retired.
Let's hope the government steps in since they made this ponzi scheme legal.
Well that's a :shit:ty plan. Our contract (ABF) there not forcing company to any increases, if pension needs increases they will be pulled out and 6.00hr into 401k. I'm in philly region and we are going to be kick out of pension if this passes. Also new England and Upper State New York Fund.
 
Central State says it's broke 2025 is out of money this is from the board of directors why are we still paying into a fund that is broke the ones that have to work why is the union not stepped in and reconfigured a new formula for the ones that are working cannot stand seven more years of not being paid into a pension
And if we are continuing to throw our money in why are the people who run it in the ground still in charge?
 
And if we are continuing to throw our money in why are the people who run it in the ground still in charge?
Partly because we can't throw out the IRS, who disallowed overfunding, and made funds overpromise. Partly because you can't dig up Mr Ponzi and Mr Marx, who invented Ponzi Schemes and Marxist-Socialist Programs. Partly because you can't go back and get blood from dead company turnips who went bankrupt from competition. Mostly because Nylan seems entrenched somehow. That part stumps my imagination!
 
Partly because we can't throw out the IRS, who disallowed overfunding, and made funds overpromise. Partly because you can't dig up Mr Ponzi and Mr Marx, who invented Ponzi Schemes and Marxist-Socialist Programs. Partly because you can't go back and get blood from dead company turnips who went bankrupt from competition. Mostly because Nylan seems entrenched somehow. That part stumps my imagination!

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:chairshot:
 
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