Maybe I am stirring the pot, but also looking for answers. Why are we the American Taxpayers being put on the hook to bailout pension funds? What about Social Security why didn't we bail it out instead? It certainly would have done more good than Pension funds which people receive on top of Social Security... Yes we bailed out Wall Street and I didn't think that was a good idea, but we cannot continue nor afford to bail out everybody... Can we?
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What Is The Pension Provision In The Stimulus Package? An Explainer
These plans are part of a big system of about 1500 multiemployer pensions plans covering about 10 million workers.
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