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Interesting story.....my husband works for one of the companies profiled.....and is probably going to be "early retired"....this year....depending upon what they do with the "pension". The story here profiles his company making it sound like one of the worst, when in actuality it is one of the best situated....well...for the time being, that is.....interesting times we live in.
1 posted on 07/05/2009 11:12:19 AM PDT by goodnesswins
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To: goodnesswins

I don’t understand the issue; there is no problem here! I mean, if it’s good for Social Security to have unfunded mandates, then isn’t it OK for private companies to do the same?


2 posted on 07/05/2009 11:32:07 AM PDT by PugetSoundSoldier (Indignation over the sting of truth is the defense of the indefensible)
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To: goodnesswins
If you have a choice...take a lump sum (the bird in the hand)...or one can "gamble" on the old "promise to pay in the future"....

Check out what Gerald Celente has to say about pensions....

3 posted on 07/05/2009 11:36:29 AM PDT by cbkaty (I may not always post...but I am always here......)
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To: Salvation

OREGON FR ping


5 posted on 07/05/2009 11:48:11 AM PDT by goodnesswins (For lease)
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To: goodnesswins
bump for future reference, a lot of these are considered by many to be Washington State companies, Boeing, Alaska Air, Weyhaueser, etc.
7 posted on 07/05/2009 12:06:54 PM PDT by Robert357 (D.Rather "Hoist with his own petard!" www.freerepublic.com/focus/f-news/1223916/posts)
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To: goodnesswins
For Oregonians, many employers owe more benefits than their retirement plans can pay

What's the big deal? Just confiscate money from taxpaying, traditional American familes....

Oh wait... Only the scumbag government can do that.

8 posted on 07/05/2009 12:12:42 PM PDT by Lancey Howard
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To: goodnesswins
"Don't panic," said Salisbury of the Employee Benefit Research Institute, . . .

Where have we heard those words before? I hope this old adage doesn't hold: "If you are keeping calm when everybody else is panicking, you're not aware of the situation."

11 posted on 07/05/2009 1:34:57 PM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: goodnesswins

Good find!


12 posted on 07/05/2009 2:50:32 PM PDT by Salvation (With God all things are possible.)
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To: goodnesswins; abcraghead; aimhigh; Archie Bunker on steroids; bicycle thug; blackie; coffeebreak; ..
Oregon Ping

Please notify me via FReepmail if you would like to be added to or taken off the Oregon Ping List.

13 posted on 07/05/2009 2:54:23 PM PDT by Salvation (With God all things are possible.)
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