Why not simply require organizations fully fund their pensions, instead of allowing bankruptcy to eliminate the burden. It should be the top of the liability chain and organizations forbidden to underfund.
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Pension money should not be the corporations to play with, once it is assigned to a pension, it has to stay there and not be touched not for bankruptcy or for corporate use (greed)! This should be illegal!
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mcturtle will say no , that he has to protect the employer back sides
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Politicians have wasted our hard earned money over decades & are now claiming these programs are a burden & blaming the people while moving the goal posts of retirement again & again due to their gross financial negligence.
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Had not seen this. Will have to read up.
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Is this for the State of California employee pensioners?
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Great questioning today sir
. Thank you for your dedication and service
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