[Grampa Dave]

This stuff is very scary for those of us with 401ks and IRAS.

“A retirement system should not exacerbate income and wealth inequality

“Certain groups are especially ill-served by the current system, including part-time workers, divorced and widowed women, individuals with long-term care needs and medical expenses, and racial and ethnic minorities....”

It should also be very scary to any corporation whose stock is bought by mutual funds for 401k’s or by individuals like my wife and I in our self managed IRA’s.

The coming facist Zero government will force corporations to kneel and yield or be precluded from the new bastard retirement plans.

[Hamiltonian]

The "professor's" bio says that she was a klintoon appointee to the Pension Benefit Guarantee Corporation and was on boards of a couple of Union health and welfare funds.

That combination covers (a) how to drive large employers into the ground with labor legacy costs and (b) the government agency that gets stuck with the liability after the employers go bankrupt.

The combination worked great for LTV and Bethlehem Steel.