Unfortunately, many Unions mismanage their pension funds (mismanage may be putting it lightly). The Federal Government has bailed out many a Union pension fund over the years. Hell, the Obama Administration all but GAVE General Motors to the Unions in the Bailout 7 or 8 years ago. I wouldn't be surprised to see the Feds stepping in on this situation.
Not only do you have the issue of mis management, their numbers of members are down so they don't have that revenue coming in. You can bet that the union president and reps are getting paid though.
Not only do you have the issue of mis management, their numbers of members are down so they don't have that revenue coming in. You can bet that the union president and reps are getting paid though.
Yeah........I shouldn't have "put it lightly". I should have said it like it is. FRAUD, GRAFT, CORRUPTION
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Another reason, while looking for a union trucking job might not be the best idea.
N.Y. retirees struggle to survive after pension fund bottoms out
It would really suck to pay into a pension fund all those years, and end up on welfare.
Rick
HOS:
Hours Of Service
HOS refers to the logbook hours of service regulations.