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Friday, August 3, 2012

LISTEN TO FRED EXPLAIN THE PENSIONS

Now I am pretty sure that he says that the management pensions ARE OVER100% funded but the union pensions are 50% funded! Now why would that be the case?

5 comments:

Anonymous said...

I heard were over 100% funded while ours was less than 50%.... They are making sure their asses are covered and ours are out in the breeze....

Al M said...

EXACTLY!

Rob H said...

So this was from 2009? Fred was an amazingly skilled thief. He played hardball and screwed everybody union and management alike. I loved watching Playfair ignore him and Neil drooling as he watched Fred lay on the bullshit.
Maybe part of this years contract negotiations needs to be demanding full funding of the union pension fund. We should at least demand that any payments being made to the management pension fund be directed to the union fund until the funds are equally funded (on a percentage basis).

Anonymous said...

All of that BS, is coming from a Clinton democrate, he made life hell, for "us"(that worked under him), only to give the "golden parachute" to "us", then himself, then leave, freaking unbelivable!! All the while McF#@er, a Bush Republican, throwing the hate stare at him, classic!!

Anonymous said...

The one thing that sticks out is that, on the next contract both union and managment's pensions should be funded dollar per dollar, so that "we" will not have this problem again.