The best outcome is ensuring that the unhappiness is at least equitably managed.
Forbes post, “More Tales Of Woe: The United Mine Workers Of America 1974 Pension Plan”
Because, believe it or not, in the early 2000s, this now nearly-insolvent plan was fully funded.
Forbes post, “Some Good News From Illinois On Public Pensions?”
Rahm’s support of pension reform is not a game-changer, but it’s not nothing, either.
Forbes post, “The (Second) Fatal Flaw Of Multi-Employer Plan Laws”
Sure, we can debate to what degree multi-employer plans were mismanaged. But Congress didn’t give them the right tools to begin with.
Forbes post, “Actually, Central States’ Pension Plan Is Fully Funded”
Two pension plans with the same name and superficial similarities. Two rather different fates.
