The best outcome is ensuring that the unhappiness is at least equitably managed.
Because, believe it or not, in the early 2000s, this now nearly-insolvent plan was fully funded.
Rahm’s support of pension reform is not a game-changer, but it’s not nothing, either.
Sure, we can debate to what degree multi-employer plans were mismanaged. But Congress didn’t give them the right tools to begin with.
Two pension plans with the same name and superficial similarities. Two rather different fates.
The math says “no.” What do you think?