Aug. 03, 2022
August 3, 2022 This rule proposes to gain access to more liquidity from multiple sources including pension funds in the event of a member default. The money in pension funds are from honest hard working people so they can retire and live out the rest of their lives comfortably after years of valuable labor for society. That money should not be used to bail out defaulting members of unaffiliated members of the pension fund. I, as a hard working person, do not want my future or other people's future retirement money spent on other than ourselves. I am opposed to this new proposition.