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Politics : The Donkey's Inn

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To: PartyTime who wrote (5583)12/15/2002 11:57:17 PM
From: Mephisto  Read Replies (2) of 15516
 
Bush plans to cut your pension benefits! Watch for stories

This evening on the local news I heard that a worker could have the present benefit cut by
as much as 50%. Bush could finalize the plans by this summer. The new plan would
save big corporations who were
W's biggest contributors millions of dollars.

I don't have a reference to the story at this time, but the cuts will have an impact on older workers
and even those as young as 45 because the employer would not have to pay a pension based
on the employees last five-years of service.

I will ask Kenneth Phillips if he is aware of W's plan.
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