It reads like prep for Obama to seize these piddly 401’s and give everybody a union retirement at say 30% of their income. You won’t need heat, housing or anything else to be in the gulag. That 80-85% is what the teachers get before they double dip. Many make far more in retirement than they did while in the system. I won’t say teachers and working when unions are involved.
Watch your back closely.
Doesn't it tho! Bingo! And those who managed a healthy 401k will be the bankers of the future Obamas. ie, where they send the SEIU to picket and the IRS to collect taxes.