Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Guess we can rule out the author as a teacher, huh!
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Good one!
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It's harder to hate close up. |
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Thanks, jojo, You’re right. They do manage 93 billion. I should have worded my original post more clearly on that number. They wanted to turn over 65 billion of that to some unknown company. I hope this bright light continues to shine on them. It’s looking like one of those scenes where somebody switches on a ceiling light and all the roaches run for cover. And, yes, the bonuses! Reading about this whole mess makes my skin crawl. Boomer
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Pogo was right. Last edited by Boomer; 05-19-2024 at 07:27 AM. |
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This thread is nonsense. Pensions are protected by ERISA, which is a federal law that sets minimum standards for retirement plans including establishing detailed funding rules that require plan sponsors to provide adequate funding for your plan.Also, it requires accountability of plan fiduciaries. ERISA generally defines a fiduciary as anyone who exercises discretionary authority or control over a plan's management or assets, including anyone who provides investment advice to the plan. Fiduciaries who do not follow the principles of conduct may be held responsible for restoring losses to the plan.
See, the OP is out of ..... wait,..... upon further review, ERISA only applies to private industry, it looks like the government can do whatever they want with you money. Never mind. |
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#42
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"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
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