PFRDA

What would you estimate organized crime is making off union pension fund accounts?

Public Comments

1. 30%
2. In my state it has been Republican Governors that make off with state employee pension funds - over and over and over again. The last time was millions of dollars spent investing in stamp collections.
3. About 10% of what corporations are making off of corporate welfare and tax loopholes.
4. In some cases such as the teamsters the mob takes all of the pensioners pension. The employee gets nothing!
5. 11 billion a year...
6. All of it + they charge maintenance fees for the upkeep of those accounts while they're pilfering them. I love the answer that says "Our crime is less than your crime, so we're righteous." Therein lies the problem. Not whistle blowers, but finger pointers claiming their complicity is irrelevant because it's cheaper. It's all crime, and less $ amount than another doesn't make it legal. That mindset needs to change, or it will be a race to destruction.