Politik'n

Imagine you have worked hard all your life for a private company that you were proud of and that provided a retirement plan in the form of pensions.  Now you have reached the end of your career and with the money you saved you can retire and focus on the things that you have planned for years, perhaps decades.  Note that during this time you were not a unionized laborer but did work for a company that hired union labor.  Life is good and then suddenly the government steps in a erases your private pension. How is this possible, you work for a private company, same as the unionized labor?

The White House and Treasury Department have consistently maintained that the Pension Benefit Guaranty Corporation (PBGC) independently made the decision to terminate the…non-union…workers’ pension plan. The PBGC is a federal government agency that handles private-sector pension benefits issues.

On top…

View original post 262 more words

Advertisements

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s