UBC RATS ARE THREATENING TO REFUSE FREE FEDERAL DOLLARS INTENDED TO MAKE UBC RETIREES THEY ROBBED WHOLE UNLESS THE PBGC ALLOWS THEM TO MISMANAGE AND LOOT THE FREE MONEY

THE UBC AND OTHER UNION CRIMINAL SYNDICATES ARE HOLDING SUFFERING RETIREES HOSTAGE AND TRYING TO AGAIN USE THEM AS LEVERAGE  TO CONTINUE THEIR CRIMINAL ENTERPRISES

 THE UBC AND OTHER UNION CRIMINAL SYNDICATES ARE DEMANDING THE PBGC ELIMINATE RULES IT CREATED TO PROTECT THE TAXPAYERS $100 BILLION BAILOUT

 

 TWO UBC FUNDS, THE SOUTHWEST OHIO PENSION FUND AND THE MICHIGAN REGIONAL COUNCIL DETROIT AND VICINITY PENSION FUND,  HAVE SENT THREATENING LETTERS TO THE PBGC DECLARING THEY MAY CHOOSE NOT TO APPLY FOR THE SFA AND REFUSE TO MAKE UBC RETIREES THEY CUT WHOLE .THEY ARE  DEMANDING THE  PBGC  RESCIND LANGUAGE FORCING THEM TO ONLY MAKE SOUND GUARANTEED INVESTMENTS WITH THE FREE BAILOUT MONEY.THEY ARE DEMANDING,AMONG OTHER THINGS, THEY BE ALLOWED TO GET THEIR DIRTY LITTLE HANDS ON A PORTION OF THE FREE MONEY TO MAKE MORE HIGH RISK ALTERNATIVE INVESTMENTS THAT HAVE HELPED CREATE THIS CRISIS

THE OHIO CARPENTERS PENSION FUND  WAS SEIZED AND TANKED ON MCCARRON ORDERS.
MCCARRON AND HIS STOOGE  CHRISTOPHER HEINZ, IN VIOLATION OF ERISA, ORDERED THE FUND TO DO NOTHING TO REPAIR THE DAMAGE THEY DID TO THE FUND AND INSTEAD TO USE THE MULTI EMPLOYER REFORM ACT TO CUT UBC RETIREES PENSION CHECKS.THE MULTI EMPLOYER REFORM ACT WRITTEN BY THE UBC AND THEIR FELLOW UNION CRONIES AT THE NCCMP/AFL-CIO

 

"OUR PLAN WOULD HAVE TO DECIDE BETWEEN NOT APPLYING FOR SFA"

READ ABOUT THE OHIO FUND HERE

 

 
MCCARRON AND HIS STOOGE  CHRISTOPHER HEINZ, IN VIOLATION OF ERISA, ORDERED THE FUND TO CUT THE OHIO RETIREES PENSIONS.ONE HAS TO WONDER WHO IS ORDERING THESE TRUSTEES TO THREATEN THEY MAY NOT APPLY FOR THE SFA TO RESTORE THESE CUTS

THE MICHIGAN REGIONAL COUNCIL FUND WAS  SUED IN FEDERAL COURT AFTER TRYING TO ROB THEIR OWN UBC RETIREES.THEY APPLIED TO TREASURY TO CUT THEIR UBC MEMBERS PENSION CHECKS. 

 

 "Imply a difficult, immediate fiduciary decision in order to ensure future plan solvency – whether to utilize MPRA, or to seek special financial assistance (SFA) under ARP."

  READ ABOUT THE MICHIGAN FUND HERE

 

UNION CRIMINAL SYNDICATES ARE REVEALING THEIR TRUE INTENTIONS AS THE DRIVING FORCE BEHIND A $100 BILLION TAXPAYER UNION BAILOUT HIDDEN IN BIDENS "THE AMERICAN RESCUE PLAN" CALLED THE BUTCH LEWIS BULLSHYTE.ALTHOUGH THIS BS BAILOUT WAS WRITTEN BY THE IBT THEY CONSPIRED WITH SHERROD BROWN TO PUT BUTCH LEWIS'S NAME ON IT TO TRY AND HIDE THE WELL DOCUMENTED TEAMSTER CRIMINAL SYNDICATES INVOLVEMENT

 TAXPAYERS WERE PUT ON THE HOOK FOR THE NEXT 30 YEARS TO THE TUNE OF $100 BILLION TO COVER UNION RETIREES THESE UNION CRIMINAL SYNDICATES  HAVE ROBBED AND WILL CONTINUE TO ROB

 TO SOLICIT SUPPORT THE TAXPAYERS WERE TOLD 

LIES

THE INTENT BY RETIREES WHO FOUGHT FOR RELIEF WAS A BAILOUT OF RETIREES WHO HAVE BEEN ROBBED BY THEIR OWN UNIONS .UNIONS WHO WERE ALLOWED TO MISMANAGE AND LOOT OUR FUNDS BY THE FEDERAL AGENCIES IN PLACE TO PROTECT THESE FUNDS.

THAT WAS A LIE 

 

 THE TAXPAYERS HAVE BEEN TOLD THE  THE INTENT OF THE  RELIEF WAS A BAILOUT OF RETIREES WHO HAVE BEEN ROBBED BY THEIR OWN UNIONS AND A RESTORATION OF PENSION CUT BY THEIR OWN UNIONS USING THE MULTI EMPLOYER REFORM ACT WRITTEN BY OUR UNIONS

 THAT WAS A LIE

 

THE TRUE INTENT OF THE UNION CRIMINAL SYNDICATES AND THEIR BOUGHT AND PAID FOR POLITICAL HACKS WAS AND ALWAYS HAS BEEN A BAILOUT OF THE UNION PENSION FUNDS A BAILOUT OF THE UNION CRIMINAL SYNDICATES THEMSELVES TO ALLOW THESE CROOKS TO CONTINUE TO LOOT AND MISMANAGE OUR UNION PENSION FUNDS

THESE UBC HACKS ARE JOINED IN THEIR DEMANDS BY THE AFL-CIO UNION UMBRELLA GROUP THE NCCMP WHO HAVE FOUGHT ANY AND ALL LEGISLATION IMPOSING ACCOUNTABILITY OR INCREASED OVER SITE OF THEIR LOOTING AND MISMANAGEMENT OF THESE FUNDS.THESE RATS HAVE THREATENED THAT  

"the trustees of the 18 MPRA-suspended plans will face a very difficult fiduciary decision. They will be forced to decide whether to reject the SFA"

SEGAL INC MAKES MILLIONS OFF UNION FUNDS,ARE NCCMP RATS AND CONSPIRED WITH THE NCCMP/UNIONS TO FIGHT ANY AND ALL LEGISLATION IMPOSING ACCOUNTABILITY OR INCREASED OVER SITE OF THEIR LOOTING AND MISMANAGEMENT OF THESE FUNDS.

SEGAL WHO WILL TELL ANY LIE THEY ARE ASKED TO REPEAT HAS THREATENED

"Based on the IFR, many—perhaps most—plans with an approved suspension of benefits under the Multiemployer Pension Reform Act of 2014 (MPRA) may decide to decline SFA relief and leave benefit suspensions in place"

 

 UNION SCALAWAGS AND CARPETBAGGERS

 

IT HAS ALWAYS BEEN THE UNIONS AGENDA TO RECEIVE A TAXPAYER BAILOUT OF UNION FUNDS TO ALLOW THEM TO CONTINUE TO MISMANAGE AND LOOT UNION FUNDS.IT HAS NEVER BEEN THEIR AGENDA TO WORK IN THE BEST INTEREST OF UNION RETIREES.THE SAME UNION RETIREES THE UNIONS APPLIED TO TREASURY TO CUT USING THE MULTI EMPLOYER REFORM ACT THE UNIONS WROTE AND GOT INTO LAW FOR THAT PURPOSE

 

RETIREE GROUPS WERE HIJACKED TO BE USED AS PATSY'S AND SHOW PONIES FOR UNIONS CRIMINAL SYNDICATES SUCH AS THE TEAMSTERS TO SECURE THE TAXPAYER BAILOUT THEY HAVE BEEN AFTER FOR YEARS

 

NOW ONCE AGAIN THESE UNION CRIMINAL SYNDICATES ARE HOLDING DESPERATE RETIREES HOSTAGE TO ACHIEVE THEIR GOAL.THEY ARE DEMANDING TO BE ALLOWED TO LOOT AND MISMANAGE TAXPAYER DOLLARS THAT WAS PRESENTED AS A BAILOUT FOR RETIREES AND NOT A BAILOUT OF UNION CRIMINAL SYNDICATES