Retirees have virtually no defense against the broken "promises" of their employer.
What bothers me about "union concessions", is that they always seem to be tied to the retirement benefits of workers who have already retired.
It's like getting a 30-year loan from your bank and five years into it, the bank comes back and doubles your interest rate -- it's just damn unfair.
Some of these guys were employed way before 401Ks and Roths. And here they are with half the retirement they were promised and little to no health care.
Life's a bitch -- and then you retire, evidently.
Of course, the way things are headed - and fast - it really won't make any difference. Retirement and health benefits will soon be a part of our Golden Age past....
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