Boilerpeddle
Drawing found in trailer
- Credits
- 12
Glad to see some thought given to why we are at the mercy of the banks. The length of the proposal is due to the banks wanting some sign of stability for a few years. Otherwise there will be no agreement. IMO the 25% contribution to the pensions is only a hedge against the slim hope that pension reform legislation will be enacted before that part of the agreement goes into effect. If multi-employer pension funds get the relief that this would provide I think that there would be language that would override the MOU.
I was kinda hoping that IF the pension reform passed the 25 percent contribution would equal a full contribution after the orphans were taken out.
For gods sake let them have thought of that in the negotiations.