6 thoughts on “Forbes post, “Could Central States Have Avoided Its Fate? A Reply From The Fund”

  1. Surely the Trustees know the meaning of Fiduciary? Also the losses were “lost”under the mandates of ERISA and should be reinstated as ERISA calls for. And one more observation, the expenses are inline with other plans? I don’t think so. And surely the head Trustee should not be lobbying Congress fore MPRA to cut our benefits especially if he himself agreed to not take said cuts! Asking CS if they did anything wrong is like asking a first grade student if the dog really ate his homework.


  2. What this article fails to mention is that the Department of Labor has been in control of CSPF since 1982 and is still under the control by the way of a Federal Governments Consent Decree. The government is as much, if not completely to blame for the demise of the fund.Goverment Deregulation also wiped out over 11,000 Unionized trucking companies in the eighties along with the IRS refusal to let them become over 100% funded. There’s a lot of information not being brought up in this article.


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