Democrats and labor unions have a long history of working together, with labor unions delivering piles of election cash (sucked from member dues) and union member votes in exchange for dubious, pro-union legislation such as requiring union membership to work in a state and looking the other way when unions violate laws or requirements that other entities must follow. Union pension funds have often been a reliable source for financing slush funds and other scams that enriched the union leadership and politicians, but were rarely monitored to ensure union members and their retirement funds were being protected.
The unions generally have also promised much more than they could deliver, and like all ponzi schemes, the promised money finally exceeds incoming revenue. And now 407,000 private sector workers are about to lose most of their pensions due to false promises and phony financial projections.
One of the nation’s largest pension funds will be broke by 2025, page 2:
Definitely not for the worker ,check out the wage variation in a right to work state compared to unionized state huge difference
Edward Nordenberg if you don’t like it find a new job or how about being your own boss freaking idiot
Edward Nordenberg how much of an idiot are you
There is a flaw somewhere……
ROTFLMFAO! !!!
That’s why I’m 100% proud to be a NON Union American! !!
Do you want to buy a bridge?
Being vested means little if the money is gone.
Cut Congress pay.
They have squandered the tax payers dollars, and are now looking to steal all of our money and savings to pay for thier lavish pay and benies!!!
One word unbelievable !