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Aharon Friedman in Washington Examiner
Feb. 17, 2021
"Providing government funding to MEPs, including for promises they will make in the future, while weakening funding rules and rewarding MEPs for future misconduct is abusive to taxpayers.... In the long-run, it would be far less expensive for taxpayers to write a $673 billion check to cover existing underfunding and fix MEPs going forward."
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| 2. |
Aharon Friedman in Washington Examiner
Mar. 11, 2021
"The budget bill adopts [a] flawed multiemployer-like approach, completely and permanently divorcing the measurement of pension promises from reality by instituting a 5% floor on discount rates, which is ten times the most recent rate for shorter term bonds, 0.50%.... Participants in troubled plans will be hurt the most."
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