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407,000 Workers Stunned As Pension Fund Proposes 60% Cuts, Treasury Says "Not Enough"

By: micro1 in POPE IV | Recommend this post (3)
Sun, 22 May 16 10:22 AM | 52 view(s)
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Msg. 06842 of 47202
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Submitted by Tyler Durden on 05/21/2016 - 12:08

407,000 private sector workers are about to lose most of their pensions. When private pension plans go broke, they go broke. Public pension expect a bailout.

Comments: 356 117,169 Reads

http://www.zerohedge.com/news/2016-05-21/407000-workers-stunned-pension-fund-proposes-60-cuts-treasury-says-not-enough

Work all your life just to take it in the ace. Thats the way I feel. All the chit I have built and sold. just to live in a 5th wheel right now. with $200 in the bank. I feel I have been shafted from this chit they did to us...............Transfer of financial wealth to the FRIking bankers. POS..............

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