Union Briefs for Thurs., March 21, 2013: Teamsters’ time bomb to cost taxpayers billions
The underfunding problem of union multi-employer pension plans continues. With as much as $369 billion in the hole, union pensions have become a ticking time bomb for both employers as well as present and future retirees.
Ultimately, the American taxpayers may be asked, as they were in 2008, to bailout unions’ underfunded pension plans.
It’s Thursday, March 21, and these are your Union Briefs…Read More »