More bad news about ibt pensions
http://www.forbes.com/sites/edwardsiedle/2013/05/13/teamsters-multiemployer-pensions-on-brink-of-collapse-dol-asked-to-investigate/
And the teamsters have the following verbage on their front page of the teamsters @ US airways web page:
IMPORTANT PENSION INFORMATION
With a strong track record of fighting for and winning safe, stable pensions, the Teamsters are our best choice to secure a retirement plan at the new combined carrier. Get the facts on our pension at US Airways. Click here to read the factsheet.
And this was posted after Hoffa has put out his letter that he was going to restructure the benny pay-out to a reduced amount that is barely over the amount they would all receive from the government if they were to take it over. You guys at US will be complete idiots if you bring the crooked teamsters in, and say good-buy to your pensions.