vote your conscience and let the PBGC

run out of money if it does run out of money. Washington is as dysfunctional many of the employers in multiemployer pension plans that threaten and/or file bankruptcy.  Bankrupcty is simply............  Vote your conscience and let the PBCG come talk to you and not simply your unions and your elected officials might take note?  

 

Pension Benefit Guaranty Corp - PBGC Protects America's Pensions

https://www.pbgc.gov/‎

The Pension Benefit Guaranty Corporation (PBGC) protects the retirement incomes of more than 44 million American workers in more than 27500 private-sector ...

 

 

FY 2012 Exposure Report - Pension Benefit Guaranty Corporation

www.pbgc.gov/documents/2012-exposure-report.pdf‎

underlie our projection models. The results shown in this report are mean values. The mean values (PBGC's probability of insolvency and net position in 2022) ...

 

 

1. Retired union workers facing 'unprecedented' pension cuts - Nov. 15 ...

   money.cnn.com/2013/11/15/retirement/pension-cuts/‎

   Nov 15, 2013 - By Melanie Hicken @melhicken November 15, 2013: 11:13 AM ET ... cuts are part of a desperate effort to head off insolvency at multiemployer pension ... According to the Pension Benefit Guaranty Corporation, which insures ...

2. Multiemployer Plans and PBGC Face Urgent Challenges

   www.gao.gov/products/GAO-13-428T‎

   GAO-13-428T, Mar 5, 2013 ... The Pension Benefit Guaranty Corporation's (PBGC) financial assistance to ... As a result of current and anticipated financial assistance, the present value of PBGC's liability for plans that are insolvent or expected ...

3. PBGC Deficit on Multiemployer Plans Reaches $5.2 ... - ERISA Expert

   www.erisa-benefits.com/PUBLICATIONS-02-2013.shtml‎

   Three reports were submitted to Congress by the PBGC in January of 2013: ... Outlook for Multiemployer Pension Plans Includes High Insolvency Risks.

4. H.R.566 - 113th Congress (2013-2014): To amend title IV of the ...

   beta.congress.gov › Legislation › 113th Congress‎

   Summary of H.R.566 - 113th Congress (2013-2014): To amend title IV of the Employee ... by the Pension Benefit Guaranty Corporation for qualified preretirement survivor annuities under insolvent or terminated multiemployer pension plans.

    

    

   Nassau OTB can't even keep a restaurant in its Carle Place Branch.  How can that be?

   Teamsters Local 707 President and Suffolk County Legislator Kevin McCaffrey gets his pension from the State of New York which CAN'T?? GO BANKRUPT  The state of New York collects from you!