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Congress slipped in Bailouts for (boomer) Pensions in last spending deal

WASHINGTON — The sprawling agreement to boost government spe...
out-of-control rose internal respiration ceo
  02/21/18
Jfc
burgundy locus
  02/21/18
GAS ALL BOOMERS
abnormal effete selfie
  02/21/18
But thank *god* that estate tax is gone!
Dull Diverse School
  02/21/18
...
out-of-control rose internal respiration ceo
  02/21/18
...
abnormal effete selfie
  02/21/18
...
razzmatazz mint immigrant alpha
  02/21/18
let's hit the streets!
out-of-control rose internal respiration ceo
  02/21/18
...
apoplectic state
  02/21/18
You know, I feel legitimately bad for the mostly blue collar...
Magenta address
  02/21/18
...
burgundy locus
  02/21/18
cr
razzmatazz mint immigrant alpha
  02/21/18
Finally an initiative we can all get behind.
Dull Diverse School
  02/21/18
Heads must roll.
Magenta address
  02/21/18
...
Spectacular Sadistic Codepig Base
  03/11/18
...
Magenta address
  03/11/18
...
House-broken home
  01/08/19
...
Magenta address
  01/08/19
They've still got plenty of tricks up their sleeves. We won'...
marvelous theatre love of her life
  02/21/18
...
Hairraiser Milky Heaven Striped Hyena
  03/11/18
...
out-of-control rose internal respiration ceo
  06/11/18
...
Hairraiser Milky Heaven Striped Hyena
  01/08/19
...
Sooty People Who Are Hurt
  01/17/19


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Date: February 21st, 2018 2:44 PM
Author: out-of-control rose internal respiration ceo

WASHINGTON — The sprawling agreement to boost government spending reached by Republicans and Democrats this month quietly included a step toward defusing what could be a financial time bomb for 1.5 million retirees and hundreds of companies in the industrial Midwest and the South.

The deal creates a select congressional committee to craft what could effectively be a federal rescue of as many as 200 so-called “multiemployer” pension plans — in which employers and labor unions band together to provide retirement benefits to employees.

Many of these plans are hurtling toward insolvency in the coming decade, with benefits owed to retirees projected to swamp what the plans can afford to pay. The 16-member, bipartisan committee will have to come up with a solution and legislation by the end of November, which the full Senate would need to vote on by the end of the year.

https://www.nytimes.com/2018/02/18/business/multiemployer-pension-crisis.html?smid=pl-share



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35453527)



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Date: February 21st, 2018 3:45 PM
Author: burgundy locus

Jfc

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454081)



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Date: February 21st, 2018 3:47 PM
Author: abnormal effete selfie

GAS ALL BOOMERS

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454093)



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Date: February 21st, 2018 3:49 PM
Author: Dull Diverse School

But thank *god* that estate tax is gone!

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454107)



Reply Favorite

Date: February 21st, 2018 3:49 PM
Author: out-of-control rose internal respiration ceo



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454115)



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Date: February 21st, 2018 3:52 PM
Author: abnormal effete selfie



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454140)



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Date: February 21st, 2018 3:56 PM
Author: razzmatazz mint immigrant alpha



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454163)



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Date: February 21st, 2018 3:49 PM
Author: out-of-control rose internal respiration ceo

let's hit the streets!

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454110)



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Date: February 21st, 2018 3:53 PM
Author: apoplectic state



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454144)



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Date: February 21st, 2018 3:59 PM
Author: Magenta address

You know, I feel legitimately bad for the mostly blue collar workers who were promised something and are set to get fucked. And I can almost endorse this idea, but it needs a few tweaks:

1. Death penalties for the boomer company execs who negotiated these deals.

2. Death penalties for the union leaders who negotiated these deals.

3. Death penalties for the bankers and financial types who signed off on the 14% compound interest math that these deals relied upon.

4. Death penalties for the regulators who let this happen.

5. Probably some elected officials should get the death penalty too.

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454188)



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Date: February 21st, 2018 4:00 PM
Author: burgundy locus



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454194)



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Date: February 21st, 2018 4:04 PM
Author: razzmatazz mint immigrant alpha

cr

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454223)



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Date: February 21st, 2018 4:05 PM
Author: Dull Diverse School

Finally an initiative we can all get behind.

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454236)



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Date: February 21st, 2018 4:09 PM
Author: Magenta address

Heads must roll.

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454281)



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Date: March 11th, 2018 4:35 PM
Author: Spectacular Sadistic Codepig Base



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35582328)



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Date: March 11th, 2018 4:41 PM
Author: Magenta address



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35582360)



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Date: January 8th, 2019 10:07 AM
Author: House-broken home



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#37551082)



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Date: January 8th, 2019 10:14 AM
Author: Magenta address



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#37551117)



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Date: February 21st, 2018 4:12 PM
Author: marvelous theatre love of her life

They've still got plenty of tricks up their sleeves. We won't be safe until they're all dead and gone.

(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35454308)



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Date: March 11th, 2018 4:32 PM
Author: Hairraiser Milky Heaven Striped Hyena



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#35582315)



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Date: June 11th, 2018 7:15 PM
Author: out-of-control rose internal respiration ceo



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#36226159)



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Date: January 8th, 2019 9:25 AM
Author: Hairraiser Milky Heaven Striped Hyena



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#37550857)



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Date: January 17th, 2019 2:42 PM
Author: Sooty People Who Are Hurt



(http://www.autoadmit.com/thread.php?thread_id=3899582&forum_id=2#37609200)