A video posted online featuring former LiUNA officials taking public aim at the union pension fund, warns members — and prospective members — about “unfunded liabilities” that have put the plan in “big trouble.”
See full version: Ex-LiUNA construction workers shocked to lose half at pension cash-out
A video posted online featuring former LiUNA officials taking public aim at the union pension fund, warns members — and prospective members — about “unfunded liabilities” that have put the plan in “big trouble.”
“At a very minimum, they should be communicating the risk to members more clearly. The message is everything is wonderful and we’re well invested when in fact they are walking around with a significant exposure like other plans.”
FSCO raised concerns about the management of the LiUNA pension plan in 2011 when it said, in a Jan. 21 letter, “we continue to have concerns” and asked several detailed questions about the management of the plan.
“If the fund continues to fall short of the trustees’ expected rate of return, further contribution increases would likely occur or benefits could instead be reduced,” added Hurst, who is managing director of his own pension consulting firm in British Columbia.
Three pension experts, after reviewing 1,200 pages of LiUNA records compiled by FSCO and obtained by the Star, raised questions about the management of the Laborers’ plan. One said the plan is run with “overly optimistic” assumptions about its future prospects. Another said it is subject to “significant exposure” in the markets that could further undermine its ability to meet its financial obligations to pensioners. here
10,000,000,000 X 100,000,000,000 = 1,000,000,000,000,000,000,000 STARS!
Regardless, it seems that Starseeds do exist, in one form or another. We might never know which Starseed concepts are closest to the truth.
Intelligence And Consciousness here
Fight for Union Jobs, Tell Congress to Pass the Bipartisan Infrastructure Framework.
Let's rise to every challenge. Let's seize every opportunity. Let's overcome every setback. Let's win every battle. Let's leave our great International Union better, stronger, larger, tougher, and more powerful than any time in our entire history. Terry O'Sullivan General President, LIUNA
June 18 , 2021 - President Biden’s signature on legislation making Juneteenth a new federal holiday is a symbolic and important step forward in honoring Black lives by recognizing and commemorating the end of slavery in the United States.
Read More. here
Some games confirmed for Amazon Luna include Assassin's Creed Valhalla, Control, Two Point Hospital, Sonic Mania Plus and Yooka-Laylee and The Impossible Lair. While Amazon has only confirmed these titles for the service so far, the company has stated there will be more than 100 games to play in total, which is quite a bit more than Stadia had at launch. In comparison, Microsoft’s xCloud service has over 100 games to play on Android devices. more
Amazon calls Luna Plus the first official channel for Luna, which makes it sound like more could be coming in the near future.
Despite Apple blocking Microsoft xCloud, Nvidia GeForce Now and Google Stadia on iOS, Amazon Luna dodges the App Store guidelines by not being a traditional app. Instead, Amazon Luna will be a progressive web app (PWA), which is basically a website that you can launch and run separately from the rest of your web browser. [links]
The Amazon Luna employs a channel-like subscription model. There's a separate subscription service called Luna Plus, styled by Amazon as Luna+. As previously mentioned, this is a channel you can purchase access to. It lets you play a library of games but comes with a few extra benefits, like 4K / 60fps gaming (which Amazon notes is coming soon) and the ability to play on two devices at once.