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trof

(54,256 posts)
Wed May 16, 2018, 06:40 PM May 2018

Anyone else have PBGC pension?

When TWA (Trans World Airlines) declared bankruptcy in 2000, our pensions were transferred to the Pension Benefit Guaranty Corporation.

I get a monthly check. We could not survive without it.

President Donald Trump nominated Gordon Hartogensis as director of the Pension Benefit Guaranty Corporation.
Hartogensis is the brother-in-law of Senate Majority Leader Mitch McConnell and Transportation Secretary Elaine Chao.
The agency he would lead provides retirement benefits to more than 800,000 people whose own pension plans failed.
https://www.cnbc.com/2018/05/15/trump-nominates-mitch-mcconnell-in-law-gordon-hartogensis-for-job.html

This scares the shit out of me.
You?

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Anyone else have PBGC pension? (Original Post) trof May 2018 OP
I feel for ya trof..... a kennedy May 2018 #1
These guys see pension funds the same way a weevil sees a bag of wheat. hunter May 2018 #2
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