Posts tagged MAFIA Act

Warn workers before unions persuade them to join underwater pension funds
June 13, 2024 // Unions know their pension plans are in serious trouble. The Teamsters have already begged the Biden administration for a $36 billion bailout. At least $127 million of that money went to about 3,500 dead recipients, which was returned only after Sen. Cassidy, Louisiana Republican, investigated the “wrongfully obtained funds.” Yet other union pension plans are still on the road to failure, and no amount of taxpayer money can paper over the underlying challenges they face.