Reply to thread

Message: <blockquote data-quote="59 Dano" data-source="post: 4580820" data-attributes="member: 23516">They kept their word.  What part of that do you not understand?  What was the "promise" that was made to you?Your delusional reasoning is so horribly ignorant that I don't even know if it can be deemed nonsense.  They realized -about the same time as everyone else started to realize- that defined benefit plans in perpetuity were prohibitively expensive.  There are too many factors that must fall into place in order to meet all future obligations, and anything that doesn't fall into place is made up by further hits to the bottom line.  The alternative is to risk not being able to meet pension obligations.   Who the hell in their right minds would take any kind of financial advice from you???</blockquote>