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Schaitberger Bankrupts Pension Fund

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2006 Secret Amendment Cause of Massive Deficit The International Association of Firefighters (IAFF) executive board was rocked by news at its recent meeting that their pension system requires an immediate $2 million dollar bailout; one of possibly many, in order to remain solvent. Plan documents show that liabilities have skyrocketed from $65,000,000 to over $87,000,000, […]