Houston. And Houston East; Jacksonville, FL. And probably almost every big city in the country. But here in Jacksonville, the head of the police pension fund is retiring with a massive pension for himself, while the main pension is going under.It’s pretty much SOP now.
General Motors holds the world’s one of the largest pension plans. They are intentionally bankrupting their American operations so that they can foist their obligations off onto the PBGC (government)
Cerabooge over 8 years ago
Houston. And Houston East; Jacksonville, FL. And probably almost every big city in the country. But here in Jacksonville, the head of the police pension fund is retiring with a massive pension for himself, while the main pension is going under.It’s pretty much SOP now.
mattzcat over 8 years ago
General Motors holds the world’s one of the largest pension plans. They are intentionally bankrupting their American operations so that they can foist their obligations off onto the PBGC (government)