WAKE UP BOYS AND GIRLS BEFORE THE ICE CREAM CRAPPER AND HIS RATS DESTROY YOUR FUND AS WELL
"Evergreen" plan or the "Composite Plan"
DEAR DOUGY AND THE NCCMP RATS. STICK THE COMPOSITE PLANS IN YOUR ASS
Composite plan: A name for a new kind of plan for work performed in the future.
(1)Increased risk.
(1)Increased risk.
(2)Trustees are allowed to reduce benefits if
investment performance is lower than expected or if people live longer
than expected.
(3)Uncertain benefits.
Benefits are stated as
lifetime monthly payments.
However, there is no promise that the stated
benefits will actually be paid.
(4)No insurance protection.
Benefits would not be insured by the Pension Benefit Guaranty
Corporation.
(5)If the plan fails, retirees would not receive a guaranteed
benefit.
(6)NO ERISA PROTECTIONS
TANKED OHIO UBC FUND
The Board of Trustees continued to review possible benefit suspensions. In addition, the Plan's actuary provided information and guidance on the possibility of
an alternative plan design such as the "Evergreen" plan or the "Composite Plan" rumored to be a possible
newly available option.
an alternative plan design such as the "Evergreen" plan or the "Composite Plan" rumored to be a possible
newly available option.
SORRY JOHNNY JERK OFF KLINE DID NOT BACK DOOR COMPOSITE LEGISLATION IN DECEMBER 2016 AS HE DID WITH MPRA IN DECEMBER 2014.WHEN HE AND HIS NCCMP UNION RATS ATTEMPTED YET ANOTHER FRAUD IN 2016 THIS TIME RETIREES AND POLITICIANS WERE WAITING
MORE TO COME
