Anyone here know anything about steelworker's pensions?

[anti_shrub]

I was talking to my mom today about my dad who worked for 38 years in a steel mill. The owner of the mill used the workers' pension fund to get himself out of a tax jam, and as a result my dad only got about $200 and change per month for what ended up being almost 2/3 of his life.

Does anyone know if there's any means available to people who's life savings were raped by criminals?

[Momof1]

1. Hmm, not surprised those

tariffs were holding up a lot of companies. All the people who just got screwed can thank *

[anti_shrub]

2. Actually

We thank Saint Ronnie, not Shrubbie, for my dad's mess. I should have mentioned my dad passed away from cancer 3 years ago any my dad's pension-raping was due to the steel industry bursting thanks to Ronnie's union busting.

[lpbk2713]

3. I know it's too late to give advice on this to your family

but for anyone else who is approaching retirement I would recommend doing what I did. If you have the option of takimg a lump-sum dispersal as opposed to a traditional retirement, take the lump-sum and roll it over into an IRA. It will be safer there. Big companies are weaseling out on their retirement commitments that they made to the employees years ago. Employees were planning on the money to be there and it isn't because the companies diverted that money to the directors and the senior officers of the company. They are living in comfort on the money that is owed the working people. This is the repuke way of looking at things and they don't see anything at all wrong with it. Greedy low-life bastids.