Teamsters Pension Plan Repays $127M In Excess

[Kennesaw Kid]

..."Central States fund did not have access to the Death Master file “before, during or after” submitting its application, and it fully cooperated with the PBGC OIG’s investigation."

https://www.pionline.com/washington/teamsters-pension-plan-repays-127-million-excess-funding-linked-dead-retirees-pbgc-says

 

[Hookman]

Maybe this will make Puffy happy.

 

[Rounding3rd]

Yea right lol

 

[Jaloc]

What about all the losses from when the FEDs managed the fund under consent decree? The Mob always made money for the pension funds.

 

[Kennesaw Kid]

What about all the losses from when the FEDs managed the fund under consent decree? The Mob always made money for the pension funds.

That was the rook card that helped with getting the BLA passed after all these years. The Retirees proved their case. President Reagan trusteed CSPF and put into hands of Wall St. WITHOUT any checks and balances until they tried to cut Pensions in 2014 and the Retirees said , "HELL NO!

 

[DCM_Doc]

What about all the losses from when the FEDs managed the fund under consent decree? The Mob always made money for the pension funds.

As I remember Central States lost 8 BILLION in 2008 while our government was 'Safegurading" it. Goldman-Sachs & Northern Capital were the investors our politicians trusted to invest our funds. The Mob invest heavily in Las Vegas. I wonder what that property would be worth today.