Quote:
Originally Posted by iggy_oi
I'm not saying they need to go with status quo, they can make adjustments, whether that be increased employee contributions or an agreement to not implement this new plan unless the current pension does not continue generating X amount in surplus. Also their current solution potentially puts them in an even worse spot.
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The bolded part has zero liklihood, to the point of being funny.
I could see the union bosses now, "Hey workers, remember those CB's we've been in the last several decades guaranteeing us fixed pension payments based on our past contributions? Yeah, well, the investments they have made haven't panned out, and there's a shortfall, so now we're all going to volunteer to pay more, just to help the government along. We don't want any taxpayers paying for the agreement the government stupidly had with us all these decades."
That's rich.