Windfall For Derelict Union Pension Fund Chiefs
“The $86 billion giveaway to MEPPs inserted in the Biden Administration’s so-called ‘American Rescue Plan’ [ARP] has set the stage for even bigger bailouts in the future.”
“The $86 billion giveaway to MEPPs inserted in the Biden Administration’s so-called ‘American Rescue Plan’ [ARP] has set the stage for even bigger bailouts in the future.”
Joe Biden’s record proves he’s bought and paid for by union bosses. But persistent Right to Work opposition can stop him from fulfilling his paymasters’ most destructive dreams.
The amount of money contributed to the Big Labor-dominated retirement funds commonly referred to as multi-employer pension plans, or MEPPs, is directly determined through union monopoly bargaining.
Big Labor Monopoly Privileges Linked to Retirement Insecurity Early last December, front-line employees of the Kroger grocery chain were finally allowed to escape from a grossly underfunded pension scheme known as the “National Plan.” The National Plan is effectively controlled…