Lincoln Highway
Srioghal mo dhream
- Credits
- 2
Glaring shortfalls in the Butch Lewis act. It appears doubtful due to the crooked numbers being used that affected Multi Employer Pension Plans will be able to pay full benefits into 2051. Butch Lewis most certainly does not provide enough funding to fully fund Multi Employer Pension Funds either in 2021 or 2051. How does it benefit Teamsters if their pension funds are all insolvent in 2051. The most glaring failure of Butch Lewis is it's failure to adopt Single Employer Pension Fund guarantees, no fully insured pensions for future pension fund bankruptcy. I'm amazed the Teamster Retirees who lobbied and helped craft this bill do not feel deep shame in it's passage.