I'm not a super outspoken union supporter - I think they have done massive good, as well as some harm... but this is just ridiculous. How can we, as one of the most wealthy countries in the world, not keep our promises to our workers? I know this isn't a government pension... but still - how can companies get away with this?I know I'm not the first person to be upset by this... but for crying out loud - we're severely screwed. blergh.
How many retired people you do you know who can afford a 20-30% cut in their monthly income?