[Steely Tom]

For about 20 years my uncle was a member of the Baker’s union in Chicago, when he was ready to retire and collect his pension, he was told there was nothing there. He had to work for another 13 years and worked about 20 hours a week until he passed away at age 77.

Yeah, but I bet he found a lot of solace in the knowledge that the President of the Bakers Union, the Treasurer, and their close Bakers Union cronies were living high on the hog, eating in the best restaurants in Chicago, and hobnobbing with city government bigwigs while he was busting his ass instead of enjoying his retirement.

[Maine Mariner]

I don’t even remember if he complained. He probably shrugged his shoulders said “that how it goes,” and trudged off to work.

State funded and union pensions are why I have my own 403(b) plan and my own investments in real estate.