I received a note from Alan Gordon, the National Executive Director for AGMA, about a significant development regarding their Health and Retirement Plan. As of December 7th, 2004 the union adopted a provision that:
Parallels Among Pension Problems
I hope everyone out there who cares about orchestras is taking the time to follow the airline industry pension crisis. It’s been captivating to follow the recent round of Senate Finance Committee hearings which are attempting to gather information so Congress can determine how it should update pension-funding rules. In a nutshell, the problem is some of the largest corporations in the country don’t have enough money in their defined benefit …
