Central State Pension Crisis

take your time

Well-Known Member
So, pensions are now failing in the Central States.....

There isn't enough money in the fund, it was spent years ago..... This isn't going to end well....

So we have a choice to make....keep subsidizing the boomers and let the entire company go under....or let them go and look after our own future.....

Retired Teamsters in Illinois Mobilize to Fight for Failing Pension Funds   Transport Topics.png
 

rod

Retired 23 years
So, pensions are now failing in the Central States.....

There isn't enough money in the fund, it was spent years ago..... This isn't going to end well....

So we have a choice to make....keep subsidizing the boomers and let the entire company go under....or let them go and look after our own future.....

View attachment 241778
Old news. Where have you been--living under a rock?
 

take your time

Well-Known Member
Eliminate pensions for anyone currently working unless you have less than 5 years before retirement.
Boomers built this country into what it is.
Gen X and Millennials deserve nothing.

I don't disagree with this. Pensions are a ponzi scheme, it's unsustainable. Not enough money for all the retirees who were promised that they could live for free doing nothing. People used to die around 65 years. Now they are living well-beyond that. 25 years of being subsidized isn't going to work.
 
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