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

WASHINGTON — The sprawling agreement to boost government spe...
rough-skinned athletic conference stage
  02/21/18
Jfc
beady-eyed drab parlour voyeur
  02/21/18
GAS ALL BOOMERS
shivering rigor telephone
  02/21/18
But thank *god* that estate tax is gone!
Lake Nowag
  02/21/18
...
rough-skinned athletic conference stage
  02/21/18
...
shivering rigor telephone
  02/21/18
...
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  02/21/18
let's hit the streets!
rough-skinned athletic conference stage
  02/21/18
...
hairraiser talking brethren
  02/21/18
You know, I feel legitimately bad for the mostly blue collar...
Provocative Painfully Honest Office
  02/21/18
...
beady-eyed drab parlour voyeur
  02/21/18
cr
adulterous anal business firm blood rage
  02/21/18
Finally an initiative we can all get behind.
Lake Nowag
  02/21/18
Heads must roll.
Provocative Painfully Honest Office
  02/21/18
...
Gold internet-worthy church
  03/11/18
...
Provocative Painfully Honest Office
  03/11/18
...
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  01/08/19
...
Provocative Painfully Honest Office
  01/08/19
They've still got plenty of tricks up their sleeves. We won'...
pink state
  02/21/18
...
Dashing blathering gas station
  03/11/18
...
rough-skinned athletic conference stage
  06/11/18
...
Dashing blathering gas station
  01/08/19
...
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  01/17/19


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Date: February 21st, 2018 2:44 PM
Author: rough-skinned athletic conference stage

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: beady-eyed drab parlour voyeur

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: shivering rigor telephone

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: Lake Nowag

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: rough-skinned athletic conference stage



(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: shivering rigor telephone



(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: adulterous anal business firm blood rage



(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: rough-skinned athletic conference stage

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: hairraiser talking brethren



(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: Provocative Painfully Honest Office

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: beady-eyed drab parlour voyeur



(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: adulterous anal business firm blood rage

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: Lake Nowag

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: Provocative Painfully Honest Office

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: Gold internet-worthy church



(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: Provocative Painfully Honest Office



(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: saffron casino doctorate



(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: Provocative Painfully Honest Office



(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: pink state

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: Dashing blathering gas station



(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: rough-skinned athletic conference stage



(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: Dashing blathering gas station



(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: turquoise motley stag film death wish



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