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I'm not trying to defend Carillion but public pension funds never have the money put in any fund they get deferred for the next generation to pay then when they don't it gets borrowed and the generation currently in school or unborn will be paying for 3 generations pensions.

Whoa there hoss! I agree that the Public Pension fund is in a mess but ...

... Carillion was NOT part of a "public pension" fund!

It is a "Company Pension Fund" and Carillion was supposed to pay into the Pension Fund an amount commensurate with whatever the WORKER paid into the Pension Fund. By not doing this, Carillion was STEALING FROM THE WORKER IN ORDER TO PAY SHAREHOLDER DIVIDENDS AND MANAGEMENT PAY AND BONUSES!

This AND OTHER private companies are STEALING FROM THE WORKERS and it MUST be stopped!

I really don't care which Political Party the members of this Forum support but for those who throw up their hands up and say "What can I do?" my reply is always ...

"For evil to prevail, all good men have to do is nothing!" so please stop doing nothing and get out there to change things for the better by joining and participating in the activities of the political party of YOUR choice.:gulp:
 
Whoa there hoss! I agree that the Public Pension fund is in a mess but ...

... Carillion was NOT part of a "public pension" fund!

It is a "Company Pension Fund" and Carillion was supposed to pay into the Pension Fund an amount commensurate with whatever the WORKER paid into the Pension Fund. By not doing this, Carillion was STEALING FROM THE WORKER IN ORDER TO PAY SHAREHOLDER DIVIDENDS AND MANAGEMENT PAY AND BONUSES!

This AND OTHER private companies are STEALING FROM THE WORKERS and it MUST be stopped!

I really don't care which Political Party the members of this Forum support but for those who throw up their hands up and say "What can I do?" my reply is always ...

"For evil to prevail, all good men have to do is nothing!" so please stop doing nothing and get out there to change things for the better by joining and participating in the activities of the political party of YOUR choice.:gulp:
Thats why I said i'm not defending them.
 
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