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Old 08-19-2004, 06:58 PM   #2285
Say_hello_for_me
Theo rests his case
 
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Join Date: Mar 2003
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pension thoughts?

Just wondering (it doesn't personally affect me), but what is the deal with reneging on a pension obligation? Who does that leave on the hook and by how much? I understand about the taxpayer-agency bailout thingy, but do retirees or employees still take a hit while the company otherwise survives? Is some retired guy in Florida gonna get a call saying his pension check ain't coming no more?

If so, that's bad.
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