Check these articles out! They’ve been cooking “pancakes” for SICK AND DYING PENSION PLANS for years.

The weak multi employer plans were happy to get a lifeline from the APP/VBP/SPP because the only alternative was a 401k due to the impending death of their underfunded pensions.

Standby to be the first and only suckers at a record profit bellwether industry leader with a healthy pension plan and the leverage to improve it to voluntarily ask for this subpar non-A plan. Maybe we should also ask to join the Newspaper guild or harbor pilots or sheet metal workers multiemployer plans just to be EXTRA AWESOME and SAFE! Or rather we should relax and wait for the TA with great confidence in our secretive leaders.

#pancakesareforsavingdyingpensions

my favorite quote in the articles - “We view it as a plate of pancakes. Some years you get a bigger one; some years you get a smaller one. But in the end you get a plate of pancakes that you can keep eating for the rest of your life.”

pancake article 1 with dying pensions - https://www.nyguild.org/front-page-d...irement-crisis

pancake article 2 with dying pensions - https://www.pionline.com/ja/node/778186

Don’t say you weren’t warned! DR K