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Government takes over US Airways pension plan for pilots

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The government's pension protection program assumed control of US Airways pilots' underfunded pension plan, but only will fund about a fourth of the losses...about $600 million. 'To prevent this from happening to other workers, pension plans need to be funded in a way that better protects the benefits participants have earned.' My article, 'A Direct Route to Social Security Reform' applies this approach to government pensions.
Read the rest of the story HERE:

At www.phillyburbs.com

 

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Christopher J. Patton is the president of Faith in the Future Foundation and is an evangelist with the International Ministerial Fellowship. Formerly a biblical archaeologist, he holds a Masters in Archaeology of the Land of Israel from the Hebrew (more...)
 

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