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.
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.
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…