Ahhh, I got it now! You got screwed on your OWN personal investments, just as I DID, and now you have no problem with me or anyone else losing our company's CONTRACTUALLY GUARANTEED pension plan, the plan we worked 35 years for.
There's a big difference between our personal savings and investments, WHICH BOTH YOU AND I HAD, and one's company pension plan, which obviously YOU didn't have and and thus have no sympathy for someone who did.......
Evidently MISERY DOES like company bro, you're one sick dude...........
Well said, agree 100% !
.... Big difference in a 401k investment / savings and a Defined Benefit Pension Plan......
Are not all pensions guaranteed as in a defined benefit plan ?
http://www.dol.gov/ebsa/pensionreform.html
“Evidently MISERY DOES like company bro, you’re one sick dude...........”
Not sick, just realistic. At the end of the day, there really are NO GUARANTEES!
Honesty at all levels, bot in and out of government, is out the window. Just like Detroit, if your company goes tits up, your ‘guaranteed pension” goes with it unless the business actually put away the required amounts for you throughout our working life. Actually, the “guaranteed benefit” retirement is gone, because the benefits are still tied to investment performance just like IRAs’. You are probably one of the last to have it. And you have to ask yourself, in today’s business environment, just how could we expect business to give any of us “guaranteed” retirements? Only the government still does that, and it is in large measure because of the unholy alliance between the RATS and the PE Unions, and again as we see in Detroit ( and in Wisconsin as well), the PE unions are the next thing to fall by the wayside.