Retired Southern Illinois coal miners and widows celebrate federal deal to save their pensions – The Southern

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riverbender
6 years ago

The PBGC is pure vote buying t its finest. While it is unfortunate for the miners one should consider that the pension is a UMWA issue and the union members should have simply elected officers that were more fiscally responsible.

MikeH
6 years ago
Reply to  riverbender

This is something which has always aggravated me about unions. The rank and file members tend to put entirely too much stock in their elected officials who more often than not are cleaning up at their expense.

Governor of Alderaan
6 years ago

You’re welcome

nixit
6 years ago

Where’s the 401(k) bailout?

I feel bad for these pensioners, but that’s why their pensions are covered under PBGC. If they wanted better coverage, they should have paid for it:

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