rpannier
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Wed May-11-05 11:45 PM
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Is it doomsday for pensions? |
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This is all the more distressing because it was written by Forbes Magazine. In the future, will any company offer a pension? The answer is probably not, and the future is getting closer all the time. http://moneycentral.msn.com/content/invest/forbes/P117929.asp
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swag
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Wed May-11-05 11:48 PM
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1. First, they took away my health insurance, and gave me a "health |
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savings account," and I did nothing, then they stole my Social Security, and I did nothing, then they came for my pension . . .
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brokensymmetry
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Wed May-11-05 11:51 PM
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United just dumped a huge liability on the PBGC. They'll raise fees on companies that offer pensions. The chimpster has just increased the reserve requirements for pensions. So...companies will drop pensions left and right.
And the CEO's will take their $20,000,000 bonuses (for one year's "work"), while their employees struggle to make ends meet. Ultimately, between the ruin of Social Security and the loss of pensions, only the top 1% will be able to retire.
I hope people will remember this in 2006. I fear they will not.
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NEOBuckeye
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Wed May-11-05 11:54 PM
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3. In the long run, it could be a case for strengthening Social Security |
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In a major, very positive way. Gee, wouldn't that really piss off the silly Right Wing when their privatization efforts finally backfire?
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me b zola
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Wed May-11-05 11:55 PM
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Pensions (and all other benifits) have been under attack for awhile, but I believe that they will all be gone by the time this administration is done.
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tedoll78
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Wed May-11-05 11:59 PM
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5. I can't say that I have pity for most Americans. |
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They voted for this.
/yes.. still very angry..
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sam sarrha
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Thu May-12-05 12:05 AM
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6. The pension money was lost in the stock market..FRAUD. it is a coverup!! |
burrowowl
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Thu May-12-05 12:07 AM
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7. Been so for a long time |
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remember RayGun and when everybody was sold on those K thangies in lieu of, etc.?
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DU
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Wed May 01st 2024, 10:15 PM
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