As to the multi employer pension plans...UPS paid the Teamsters Union over $6 Billion dollars to exit the plan for their drivers in the Central States Plan. That's right....Billion with a [B]B[B]. It ended up to be nothing but a wealth redistribution scheme. For every $100 bucks the company would contribute their driver would probably collect only $25 bucks at retirement. The rest of the money was used to pay for pensions of other company's employees even those who had gone out of business. By the way, do you know how Las Vegas was built....follow the money back to the teamsters and Jimmy Hoffa.
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