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central state pension
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<blockquote data-quote="BigUnionGuy" data-source="post: 6020017" data-attributes="member: 4992"><p>I saw it.... so what.</p><p></p><p>All you will ever hear from me, is a "snort of derision" and laughter again.... at the sheer ignorance.</p><p></p><p></p><p></p><p>Diversified what ? Their investments ?</p><p></p><p>You do realize, Central States Funds doesn't do any of the investing ? Most major pensions hire firms</p><p></p><p>like say Goldman-Sachs.... to manage billions of dollars.</p><p></p><p></p><p>Can you imagine the Trustee's of the Fund (which is made up of Teamster and flunky management) being</p><p></p><p>able to do that ? The 50's and 60's are over. Big news break.</p><p></p><p></p><p></p><p>As you, I, [USER=60485]@Thebrownblob[/USER], and numerous others have pointed out.</p><p></p><p>Not to mention.... for every dollar being contributed, 4 are being withdrawn.</p><p></p><p>That's the problem.</p><p></p><p></p><p></p><p>We all know your thoughts on that. Just like your wish.... that members that live in area's with lower cost</p><p></p><p>of living, shouldn't be paid as much. That's some brotherly Union love right there my friend.</p><p></p><p></p><p>[USER=46212]@Wally[/USER].... stick with what you do best. It entertains us. <img src="/community/styles/default/xenforo/smilies/group1/biggrin.gif" class="smilie" loading="lazy" alt=":biggrin:" title="Biggrin :biggrin:" data-shortname=":biggrin:" /></p></blockquote><p></p>
[QUOTE="BigUnionGuy, post: 6020017, member: 4992"] I saw it.... so what. All you will ever hear from me, is a "snort of derision" and laughter again.... at the sheer ignorance. Diversified what ? Their investments ? You do realize, Central States Funds doesn't do any of the investing ? Most major pensions hire firms like say Goldman-Sachs.... to manage billions of dollars. Can you imagine the Trustee's of the Fund (which is made up of Teamster and flunky management) being able to do that ? The 50's and 60's are over. Big news break. As you, I, [USER=60485]@Thebrownblob[/USER], and numerous others have pointed out. Not to mention.... for every dollar being contributed, 4 are being withdrawn. That's the problem. We all know your thoughts on that. Just like your wish.... that members that live in area's with lower cost of living, shouldn't be paid as much. That's some brotherly Union love right there my friend. [USER=46212]@Wally[/USER].... stick with what you do best. It entertains us. :biggrin: [/QUOTE]
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