BoatBanter.com - View Single Post

hk

On 4/18/10 4:40 PM, wrote:
On Sun, 18 Apr 2010 13:26:13 -0400,
wrote:

That's why I don't worry too much about my union pension. It's a fixed
benefit pension, and to date, there never has been a period when there
have been unfunded liabilities.

Good thing you weren't a steel worker. They defaulted on their pension
plan. (before the PBGC)

What? The Steelworkers Union trust has assets of more than two billion
dollars. Are you talking about a pension fund administered and
controlled by corporate management?

--
The Tea Party's teabaggers are just the Republican base by another name.