Swiss: new name doesn't stick
ex-Tanker
Join Date: Apr 2000
Location: Luton Beds UK
Posts: 907
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Raas 767 - agree with most of that but the pension contributions have not been lost. The fund is intact. The present retirees are still being paid their pension from this fund. Within a year a new (less powerful) fund will be ready to take over to serve the present employees.
The likes of Katz, Brugisser and co. have kept a low profile but may yet be called to account as a government enquiry into the mis-management seems likely.
The likes of Katz, Brugisser and co. have kept a low profile but may yet be called to account as a government enquiry into the mis-management seems likely.
