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Voting For All Our Pensions

Kennesaw Kid

Kennesaw Kid

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Voting For ALL Our Pensions In Georgia....
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Kennesaw GA, the first city in America to make it illegal, to NOT own a gun. Have they flipped blue in the last 40 years? BIDENBAMA had 8 years to help labor they did nothing. The same as the Clintons. I think the Teamsters need counseling. Their unrequited support for the democrats is crazy.
 
Bubba Gump said:
Kennesaw GA, the first city in America to make it illegal, to NOT own a gun. Have they flipped blue in the last 40 years? BIDENBAMA had 8 years to help labor they did nothing. The same as the Clintons. I think the Teamsters need counseling. Their unrequited support for the democrats is crazy.
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And the current congress has had 4 years and McConnell has done nothing except for his coalminers. So if the democrats take the senate with the 2 Georgia seats we might just see some results
 
Crystal said:
except for his coalminers.
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The UMWA pension fund no longer accrues pension liabilities, Murray energy it's last contributing employer has filed for bankruptcy. The Teamsters pension funds with wanton disregard for the future employment of its active participants continues to rack up unpaid for pension liabilities. The democrats aren't going to bail out "wanton disregard", butch lewis. They are going to settle on responsible accounting, Grassley/Alexander.

The dismal anti union record of bidenbama/DEMOCRATS is legendary. Their blocking of unionizing FEDEX express, remember the UPS Brown Bailout campaign i.e. the blocking of the passage of the 2009-2010 FAA reauthorization bill. Either way the general public didn't have a clue what the issues were. Kind of like what happens today. Then there was the lack of enforcing who is an employee laws. FEDEX GROUND has franchisees like McDonalds, because bidenbama didn't enforce U.S. law. FEDEX is a unique employer, they've spent millions in the U.S. courts making sure their employees aren't employees.

FEDEX likes to see it's Teamsters rivals struggle under the weight of dying pension funds. You are rather naïve to believe FEDEX isn't lobbying democrats to not pass butch lewis. Why don't you poll the non union drivers at T.B. how they feel about not getting a low interest loan to fund their retirement.
 
Crystal said:
And the current congress has had 4 years and McConnell has done nothing except for his coalminers. So if the democrats take the senate with the 2 Georgia seats we might just see some results
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You are entitled to nothing from the tax payer or Mitch McConnell. Your pension fund is governed under decades old ERISA law. When your pension fund made large retroactive pension increases to employees who's companies then went bankrupt, it did so in accordance with decades old ERISA law. When your pension fund goes bankrupt it will be done in accordance with decades old ERISA law.

Pension reform is a means to keep union companies in business. It is not a bailout of unsustainable practices.
 
Bubba Gump said:
You are entitled to nothing from the tax payer or Mitch McConnell. Your pension fund is governed under decades old ERISA law. When your pension fund made large retroactive pension increases to employees who's companies then went bankrupt, it did so in accordance with decades old ERISA law. When your pension fund goes bankrupt it will be done in accordance with decades old ERISA law.

Pension reform is a means to keep union companies in business. It is not a bailout of unsustainable practices.
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Say you. Hoffa started the CSPF in 1955. ERISA was enacted in 1974. From what I've read Hoffa's pension funds were doing quite well before ERISA. I know, I know the mob and Las Vegas casinos. But most of the loans were repaid and made money for the fund.

Some might ask why did we need congress to interfere with the CSPF? Hoffa went to jail in 1967. One might ask when did CSPFs start losing money? Might it have been around 1980 when congress deregulated the trucking industry? If ERISA was enacted to provide protection for us and the plan trustees followed the ERISA law then it appears to me that the law was flawed. So some might come to the conclusion that CSPF would have done better under Teamster control. So connecting the dots some might blame congress for causing our pensions to be failing. So if congress did create the problem it stands to reason it should fix it. It stands to reason the injured parties, fund participants, should be made whole. Sorry if it not the taxpayers problem. Congress seems to spend a lot of money

The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry to provide protection for individuals in these plans.

ERISA requires plans to provide participants with plan information including important information about plan features and funding; sets minimum standards for participation, vesting, benefit accrual and funding; provides fiduciary responsibilities for those who manage and control plan assets; requires plans to establish a grievance and appeals process for participants to get benefits from their plans; gives participants the right to sue for benefits and breaches of fiduciary duty; and, if a defined benefit plan is terminated, guarantees payment of certain benefits through a federally chartered corporation, known as the Pension Benefit Guaranty Corporation (PBGC).
https://www.dol.gov/general/topic/retirement/erisa
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Roadway spy said:
Wasn’t you kick out of your local.
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Naaah you got me confused with someone else. I retired in good standing from Locals 478 and 560 with 41.25 combined good credits. I'm still purchasing my Part B supplement from the 560 welfare fund at a reduced rate. Our welfare fund is in great shape.

Don't anyone tell Bubba that I just disclosed my pension funds
 
Crystal said:
ERISA law
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Large retroactive pensions to employees who's employers went bankrupt killed off the MEPF's. ERISA law is different for MEPF's because unions wanted it that way. You wanted big pensions that didn't cost much, you got it, quit bitching to Mitch! Snow flake, cry baby!
 
Bubba Gump said:
Large retroactive pensions to employees who's employers went bankrupt killed off the MEPF's. ERISA law is different for MEPF's because unions wanted it that way. You wanted big pensions that didn't cost much, you got it, quit bitching to Mitch! Snow flake, cry baby!
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Snow flake cry baby ouch that really hurts. I must have touch a nerve. I guess you must not have liked my assumptions. I find it strange that you have to resort to name calling. I never called you any names. I have tried to stay within the old TB rule that we are supposed to attack the post and not the poster.

If possible can you provide some sort of factual information to support your claim that the unions had input into having a different ERISA law for MEPFs?
 
Crystal said:
Snow flake cry baby ouch that really hurts. I must have touch a nerve. I guess you must not have liked my assumptions. I find it strange that you have to resort to name calling. I never called you any names. I have tried to stay within the old TB rule that we are supposed to attack the post and not the poster.

If possible can you provide some sort of factual information to support your claim that the unions had input into having a different ERISA law for MEPFs?
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res ipsa loquitur.
 
Grassley said no pension reform this year. All of the fighters hopes are now on two run off elections in GA. Karl Rove is running the election for the republicans, game over. 52 to 48 republicans. The important thing is the fighters helped get Joe and Kamala elected. They even helped Nanci barley hang onto the house.
 
Crystal said:
Say you. Hoffa started the CSPF in 1955. ERISA was enacted in 1974. From what I've read Hoffa's pension funds were doing quite well before ERISA. I know, I know the mob and Las Vegas casinos. But most of the loans were repaid and made money for the fund.

Some might ask why did we need congress to interfere with the CSPF? Hoffa went to jail in 1967. One might ask when did CSPFs start losing money? Might it have been around 1980 when congress deregulated the trucking industry? If ERISA was enacted to provide protection for us and the plan trustees followed the ERISA law then it appears to me that the law was flawed. So some might come to the conclusion that CSPF would have done better under Teamster control. So connecting the dots some might blame congress for causing our pensions to be failing. So if congress did create the problem it stands to reason it should fix it. It stands to reason the injured parties, fund participants, should be made whole. Sorry if it not the taxpayers problem. Congress seems to spend a lot of money[/QUOTE

The taxpayer must not be on the hook for anyone's pension.
The teamsters destroyed their pension let them pay to rebuild it.
The union bosses had zero successes in organization from deregulation on. No one was buying what they were selling.
Then the union allowed YRC to stop contribution for a few years then permitted YRC to limit contribution to 25%. While at the same time handing out mega discounts to shippers and bragging it was due to cheap labor costs.
Yet you want the US Taxpayer to pay for this???
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