Saturday, October 31, 2009

Underfunded pensions: SEIU this time

Here's a story that just isn't getting reported on much. Underfunded union pensions.

If you are wondering what's in it for union members--who for the most part have pretty good health care plans--foist ObamaCare on the nation, it involves those pensions.

Doug Ross goes into great detail to explain SEIU's pension problems. This is a complicated subject. I know--some of the most ardous posts I've written have been about the same issue involving other unions.

This is something you need to know about.

Related posts:

Union pensions might be bailed out by Dems' health care reform plan

Report from the bloggers' conference call about EFCA with Rep. Tom Price

Multi-employer pension blues

Report from the bloggers' conference call on EFCA and under-funded pensions

Financially ailing AFL-CIO funding push for Obama's health care plan

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