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Re: USCF Pension Matters... - Games Forum - Playstation 3 & Xbox 360 Games Discussion
PENSION WOES
<If and when a replacement USCF forms, I predict an
organizational vacuum, likely to be filled by....And
Kin Hubbard's quip, "It's going to be fun to watch
and see how long the meek can keep the earth after
they inherit it" comes to mind.>
-- Mike Murray
I usually agree with Mike Murray, but this time around....
There will be no organization hiatus.
He USCF
will immediately be replaced by the USCCF (US
Continental Chess Federation).
..
That appears to be the current plan, probably
worked out in some detail among the major principals.
Concerning legal actions against the USCF, I am
privy to correspondence from certain former employees.
Two points: money at compound interest
calculated over many years is now owed several
employees.
Complaints have been filed with certain
federal agencies;
And it appears that a devastating
complaint is or soon will be lodged with the IRS.
My advice to these employees is to play
hardball right now.
Otherwise bankruptcy may
intervene.
They need to get their full pensions out
NOW, NOW, NOW.
I have explained to certain people that they
are dealing with cheaters, and they appreciate this
point perfectly.
They must not permit themselves to
be strung along.
The politicians with whom they are
dealing understand only force majeure.
A
legal-financial clenched fist in the face is just about
the only thing they can comprehend.
Yours, Larry Parr
Mike Quote: :
>
On Thu, 19 Jun 2008 10:01:35 -0700, "J.D.
Walker"
> Quote: :
>
>
>How many employees past and present are impacted by the USCF pension
>
>fiasco? What kind of money are we talking about from the organization's
>
>point of view, and from the average employees point of view?
Is there a
> >legal action already in the works on this matter?
>
>
> >When this organizational monstrosity finally goes under, I suggest
>
>driving a wooden stake through its heart.
Perhaps new blood with a
>
>fresh outlook will then be able to save chess in the USA.
>
>
An unfortunate dynamic: most chess players want to *play* chess, some
>
Lesser number to write about it, fewer still to still to organize and
>
Administer it. If and when a replacement USCF forms, I predict an
>
Organizational vacuum, likely to be filled by....
And Kin Hubbard's
>
Quip, "It's going to be fun to watch and see how long the meek can
>
Keep the earth after they inherit it" comes to mind.
|
|
On Jun 19, 10:45 pm, "parrthe...@cs.com" Quote: :
>
PENSION WOES
>
>
<If and when a replacement USCF forms, I predict an
>
Organizational vacuum, likely to be filled by....And
>
Kin Hubbard's quip, "It's going to be fun to watch
>
And see how long the meek can keep the earth after
>
They inherit it" comes to mind.>
-- Mike Murray
>
>
I usually agree with Mike Murray, but this time around....
>
>
There will be no organization hiatus.
He USCF
> will immediately be replaced by the USCCF (US
>
Continental Chess Federation).
>
.
> That appears to be the current plan, probably
>
Worked out in some detail among the major principals.
>
>
Concerning legal actions against the USCF, I am
>
Privy to correspondence from certain former employees.
>
>
Two points: money at compound interest
>
Calculated over many years is now owed several
>
Employees. Complaints have been filed with certain
>
Federal agencies;
And it appears that a devastating
>
Complaint is or soon will be lodged with the IRS.
>
>
My advice to these employees is to play
>
Hardball right now.
Otherwise bankruptcy may
>
Intervene. They need to get their full pensions out
>
NOW, NOW, NOW.
>
>
I have explained to certain people that they
>
Are dealing with cheaters, and they appreciate this
>
Point perfectly. They must not permit themselves to
>
Be strung along. The politicians with whom they are
>
Dealing understand only force majeure.
A
> legal-financial clenched fist in the face is just about
>
The only thing they can comprehend.
>
>
Yours, Larry Parr
Excellent advice, Larry.
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|
On Thu, 19 Jun 2008 20:45:55 -0700 (PDT), "parrthenon@cs.com"
Quote: :
>PENSION WOES
>
There will be no organization hiatus.
He USCF
>will immediately be replaced by the USCCF (US
>Continental Chess Federation).
Wow.
Seems an egregious conflict of interest, to say the least for
the Federation to be taken over by a private company owned by an EB
member.
|
|
Where do pension plan recipients stand in the queue of creditors in
bankruptcy proceedings?
Quote: :
>
PENSION WOES
>
>
<If and when a replacement USCF forms, I predict an
>
Organizational vacuum, likely to be filled by....And
>
Kin Hubbard's quip, "It's going to be fun to watch
>
And see how long the meek can keep the earth after
>
They inherit it" comes to mind.>
-- Mike Murray
>
>
I usually agree with Mike Murray, but this time around....
>
>
There will be no organization hiatus.
He USCF
> will immediately be replaced by the USCCF (US
>
Continental Chess Federation).
>
.
> That appears to be the current plan, probably
>
Worked out in some detail among the major principals.
>
>
Concerning legal actions against the USCF, I am
>
Privy to correspondence from certain former employees.
>
>
Two points: money at compound interest
>
Calculated over many years is now owed several
>
Employees. Complaints have been filed with certain
>
Federal agencies;
And it appears that a devastating
>
Complaint is or soon will be lodged with the IRS.
>
>
My advice to these employees is to play
>
Hardball right now.
Otherwise bankruptcy may
>
Intervene. They need to get their full pensions out
>
NOW, NOW, NOW.
>
>
I have explained to certain people that they
>
Are dealing with cheaters, and they appreciate this
>
Point perfectly. They must not permit themselves to
>
Be strung along. The politicians with whom they are
>
Dealing understand only force majeure.
A
> legal-financial clenched fist in the face is just about
>
The only thing they can comprehend.
>
>
Yours, Larry Parr
>
>
>
>
>
Mike Quote: :
>>
On Thu, 19 Jun 2008 10:01:35 -0700, "J.D.
Walker"
>> Quote: :
>>
>>>
How many employees past and present are impacted by the USCF pension
>>>
Fiasco? What kind of money are we talking about from the organization's
>>>
Point of view, and from the average employees point of view?
Is there a
>>>
Legal action already in the works on this matter?
>>>
>>>
When this organizational monstrosity finally goes under, I suggest
>>>
Driving a wooden stake through its heart.
Perhaps new blood with a
>>>
Fresh outlook will then be able to save chess in the USA.
>>
An unfortunate dynamic: most chess players want to *play* chess, some
>>
Lesser number to write about it, fewer still to still to organize and
>>
Administer it. If and when a replacement USCF forms, I predict an
>>
Organizational vacuum, likely to be filled by....
And Kin Hubbard's
>>
Quip, "It's going to be fun to watch and see how long the meek can
>>
Keep the earth after they inherit it" comes to mind.
|
|
To answer my own question, it doesn't look promising for them.
It
appears they become general creditors in bankruptcy proceedings.
Yuk
for the employees.
Brian Quote: :
>
Where do pension plan recipients stand in the queue of creditors in
>
Bankruptcy proceedings?
>
>
>
>
Quote: :
>>
PENSION WOES
>>
>>
<If and when a replacement USCF forms, I predict an
>>
Organizational vacuum, likely to be filled by....And
>>
Kin Hubbard's quip, "It's going to be fun to watch
>>
And see how long the meek can keep the earth after
>>
They inherit it" comes to mind.>
-- Mike Murray
>>
>>
I usually agree with Mike Murray, but this time around....
>>
>>
There will be no organization hiatus.
He USCF
>> will immediately be replaced by the USCCF (US
>>
Continental Chess Federation).
>>
.
>> That appears to be the current plan, probably
>>
Worked out in some detail among the major principals.
>>
>>
Concerning legal actions against the USCF, I am
>>
Privy to correspondence from certain former employees.
>>
>>
Two points: money at compound interest
>>
Calculated over many years is now owed several
>>
Employees. Complaints have been filed with certain
>>
Federal agencies;
And it appears that a devastating
>>
Complaint is or soon will be lodged with the IRS.
>>
>>
My advice to these employees is to play
>>
Hardball right now.
Otherwise bankruptcy may
>>
Intervene. They need to get their full pensions out
>>
NOW, NOW, NOW.
>>
>>
I have explained to certain people that they
>>
Are dealing with cheaters, and they appreciate this
>>
Point perfectly. They must not permit themselves to
>>
Be strung along. The politicians with whom they are
>>
Dealing understand only force majeure.
A
>> legal-financial clenched fist in the face is just about
>>
The only thing they can comprehend.
>>
>>
Yours, Larry Parr
>>
>>
>>
>>
>>
Mike Quote: :
>>>
On Thu, 19 Jun 2008 10:01:35 -0700, "J.D.
Walker"
>>>
Quote: :
>>>
>>>>
How many employees past and present are impacted by the USCF pension
>>>>
Fiasco? What kind of money are we talking about from the
>>>>
Organization's
>>>>
Point of view, and from the average employees point of view?
Is
>>>>
There a
>>>>
Legal action already in the works on this matter?
>>>>
>>>>
When this organizational monstrosity finally goes under, I suggest
>>>>
Driving a wooden stake through its heart.
Perhaps new blood with a
>>>>
Fresh outlook will then be able to save chess in the USA.
>>>
An unfortunate dynamic: most chess players want to *play* chess, some
>>>
Lesser number to write about it, fewer still to still to organize and
>>>
Administer it. If and when a replacement USCF forms, I predict an
>>>
Organizational vacuum, likely to be filled by....
And Kin Hubbard's
>>>
Quip, "It's going to be fun to watch and see how long the meek can
>>>
Keep the earth after they inherit it" comes to mind.
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