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.”
Big Labor Pension Fund Implosion a ‘Harbinger’
The full promised benefits for roughly 4000 current retirees have plummeted. Payments for retirees and beneficiaries previously averaging $1313 a month are now down to just $570 a month.
More on the Delphi Case
Ohio Senator Rob Portman is demanding answers from the Obama’s administration – and specifically Treasury Secretary Timothy Geithner – to get information about the Delphi pension scandal, the Daily Caller reports. “What American taxpayers should be looking at is how the administration…