Ridicule is man's most potent weapon - Saul Alinsky
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A week after a University of Wyoming organization withdrew an invitation to have 1960s-radical-turned-academic Bill Ayers visit campus amid a firestorm of protest, emotions on both sides remain high.
Gregg Cawley, a political science professor at UW, wondered why Ayers’ planned visit brought so much criticism when other controversial speakers, such as black power activist Angela Davis, came to campus with hardly a peep in protest.
Union officers’ pension plans are significantly better funded than the plans they negotiate for their rank-and-file counterparts, according to a study by the Hudson Institute.
As The Daily Caller reported yesterday, new legislation could shift the costs of union pension plans to taxpayers as the problem of union members’ declining pension funds becomes more dire. But because union officers are usually employees of the union itself and not of a private business, they have their own pensions with rules that are separate from those of their members’ plans.
The average union staff plan is funded at over 95 percent, while the average funding percentage of a rank-and-file member’s pension plan is 79 percent, according to the Hudson Institute. None of the staff pensions are on the Department of Labor’s list of critically underfunded pension plans, while more than half of rank-and-file pension plans are endangered. (A pension is considered “endangered” by the government when it contains less than 80 percent of the assets needed to cover its liabilities.)
Some have questioned why pension plans negotiated on behalf of union members are performing so poorly while union leaders’ pension funds remain healthy.