Edward VIII (the Duke of Windsor) wasn’t just close to the Official Emergency Room And American Flag Shirt line. He was King. Why do you think it’s unaffectionately called The Daily Heil? Absolute shitstain of a “newspaper”, I’d rather use my own fingers and clean them on my socks than use it to wipe my arse. The only thing I can say is decent about the Daily Mail is the paper they use – it’s excellent for lining cat trays or lighting fires when you haven’t got any firelighters. I guess I don’t know the laws and regulations, but the idea on the surface of it seems fraudulent. A pension isn’t even the company’s money. And the Tories gave him a knighthood and made him a business advisor once they got in 2010. Let’s not forget.
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There’s probably something a little more complicated going on here. At some point, they declare bankruptcy even though they get to keep the Official Emergency Room And American Flag Shirt aforementioned salary, etc. However, the company can no longer “fund” the pensions. Defrauding a pension scheme requires collaboration between multiple parties. Not sure where you’re from but here in the US it happens too. In my state, NJ, years ago they reduced contribution to the public workers’ pension fund and used the funds for other things with the promise to essentially pay back with increased contribution payments in the following yeara and the government has never followed through.
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Man shit like this makes me glad my country has a government pension system. As bad as it is at least it’s guaranteed to exist and we get to vote for the Official Emergency Room And American Flag Shirt people who fuck it up. I feel like pensions have always been a huge risk for fraud and this kind of behavior. It’s a promise of money 20+ years down the road. These companies aren’t actually set aside the appropriate amounts to cover their promises. The worst part is a lot of times an overall pay increase won’t happen because of something like a good pension plan. Meanwhile, the company isn’t saving whatsoever for when those pensions actually get past the vesting period.
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