Investigation Into Pension Failure Should Precede Cuts

[UTR906]

http://www.forbes.com/sites/edwards...recede-benefit-cut-negotiations/#376deb8faf7e

"Why would any union—especially the powerful Teamsters—enter into a debate about how much to slash member benefits without first determining whether such a need exists and, if so, how much cutting is required?"

 

[Deleted member 5115]

http://www.forbes.com/sites/edwards...recede-benefit-cut-negotiations/#376deb8faf7e

"Why would any union—especially the powerful Teamsters—enter into a debate about how much to slash member benefits without first determining whether such a need exists and, if so, how much cutting is required?"

Technically the pension funds and the Teamsters are separate entities. Therefore, blaming the Teamsters for the cuts is not really appropriate.

 

[UTR906]

Technically the pension funds and the Teamsters are separate entities. Therefore, blaming the Teamsters for the cuts is not really appropriate.

I agree. Financial writers sometime are sometime loose with the facts.

 

[Deleted member 5115]

I agree. Financial writers sometime are sometime loose with the facts.

They might not know. It is reasonable for one to think that the Teamsters control the Teamsters' pension plans.