Elisabeth Messenger, interim CEO of Americans for Fair Treatment, was quoted in the Colorado Springs Gazette:
Simultaneously, Elisabeth Messenger, the CEO of union watchdog group Americans for Fair Treatment, has criticized Biden for setting a dangerous precedent by propping up the Central States Pension Fund, which had been the country’s largest financially distressed multiemployer pension plan. Messenger insists Biden’s move incentivizes mismanagement at taxpayers’ expense.
“Unions across the country are gambling with their members’ and employees’ lives, specifically their retirement security, through reckless negotiating tactics,” Messenger said in a statement. “Pensions are a promise, and unions have a duty to be focused on protecting the pensions of their members at all costs — not throwing them away as a last-ditch bargaining effort and then expecting Uncle Sam to bail them out.”