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Originally posted by Superman
Nope. Not in the bankruptcy cases I've been seeing these last few years. Neither management nor labor controls those accounts. They are administered by a third party. Please folks, get some of your facts straight.
According to my buddy, the union negotiated the pension & health plans out. I'm going by what he said and the notification he received. Had he been able to use the money the union seized for his own retirement fund, a judge wouldn't have stopped it.
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Old 12-18-2006, 03:28 PM
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