Ummm...it is invested on their behalf and they see it again when they get their pension...
They are not complaining about that...they are complaining about the removal of collective bargaining rights. Where do you get that they never see it again and that it isn't invested on their behalf? -----Original Message----- From: Cameron Childress [mailto:[email protected]] Sent: Saturday, February 26, 2011 11:33 To: cf-community Subject: Re: Walker, Wisconson Lier On Sat, Feb 26, 2011 at 4:46 AM, Eric Roberts <[email protected]> wrote: > Right...5% of your earnings go into the pension fund instead of being > paid directly to you. That is different than how a 401k works, for > instance, were you may have 5% of you wages going in plus your > employer also matches it with 5%. So this is in lieu of getting paid > 5% more. It's essentially a forced savings plan. Am I the only one who sees a certain amount of irony here? A Union, who "forcibly" removes a portion of it's member's pay each month... Money the employees will never see again and which is not invested on their behalf... This same Union is complaining about the government "forcibly" removing a portion of it's member's pay and investing it on the employee's behalf for their future. Money they will be able to retire on and will definitely see again, almost certainly after significant growth. Ironic. -Cameron . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:334742 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
