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by hannibalhorn
1518 days ago
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Even well managed funds can result in someone getting the shaft. My dad's pension (Delphi Salaried) was cut to 50% of what it was supposed to be after the events of '08, and it was funded to something like $0.86 on the dollar, above the national average. The hourly workers (i.e., unionized) still got 100%, which was pretty unfair. |
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