Originally Posted by
ATCsaidDoWhat
Do you get the part that the Teamsters DON'T have pension plans that they run? To do what you envision would require it being done to ALL pension plans and require a re-write ERISA rules? For a pension plan where a fund gets the money directly from the company...plus and additional voluntary employee contribution above the agreed to amount...how would the government interject themself?
Talk about horrible timing! Congress just passed a rewrite of the ERISA rules that allow multiemployer pensions to cut benefits to current retirees. But that could never happen right?
Congress' No-Bailout Pension Plan Is No Solution for Retirees - 1