Government paves way for multi-employer pension plan cuts

[bl968]

9. Amendment

Simple poison pill

In any publicly traded corporation, LLC, or partnership which has abrogated their pension responsibilities; No raises, golden parachutes, executive bonus, stock options, or shareholder dividends, or other forms of deferred compensation shall be permitted or issued for the next 25 years. All company profits shall be used towards making the pension beneficiaries past, current, and future whole.

It was good enough for the Republicans to bind the USPS with this, so it is karmic justice to turn it loose on for profit companies.