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echo: tech
to: David Drummond
from: Charles Angelich
date: 2003-07-22 20:53:02
subject: Antennas

1237c414e697
tech



Hello David - 

--8<--cut 

CA>> Recent news articles tell me that many large corporations
CA>> are behind in the billions of dollars never put into their
CA>> pension funds and that this administration has _again_
CA>> allowed them a 'grace period' to get the money in there. 

DD> Maybe Australia has learned from the silliness there. 

DD> The pension funds here are not managed/controlled by the
DD> employer, they're managed by financial institutions (fund
DD> managers). 

I don't think the pension fund can be tax sheltered if the
companies control them? I really don't know who controls them.
I do know the companies haven't kept up their 'contributions'. 

DD> The employer just pays money into the fund (supposedly
DD> quarterly). 

Theoretically, yes. You may want to verify that yourself before
assuming this is being done as it should be. 

>
>        ,                          ,
>      o/      Charles.Angelich      \o       ,
>       __o/
>     / >          USA, MI           < \   __\__
 

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