Pension Tension Blues - Musical Commentary
Pension Governance, LLC is proud to present a musical commentary for fiduciaries and beneficiaries alike. PENSION TENSION BLUES will make you laugh and cry at the same time.
Inspired by those who bring attention to serious issues through humor, Dr. Susan M. Mangiero, PG president and founder, and Mr. Steve Zelin, the Singing CPA, have co-created a (hopefully) memorable ballad about the state of affairs in pension land. Mangiero adds "Pension Governance, LLC is committed to helping fiduciaries do a better job of identifying, measuring and managing financial risk. We hope the song is a friendly reminder of the hard work ahead."
The decision to use satire is in no way meant to impugn the thousands of hard-working fiduciaries but rather to draw attention to areas where some plans can make improvements.
Click here to listen to a one-verse sampler with a play time of slightly over one minute.
Click here to listen to the full five-verse song with a play time of just over four minutes.
If you want to sing along, here are the lyrics.
PENSION TENSION BLUES
Words by Susan M. Mangiero and Steven Zelin
Music by Steven Zelin
Copyright 2007 Pension Governance, LLC and Steven Zelin.
All rights reserved.
71 bpm
I work for a corporation. I’ve been there 30 years
But my pension plan went bankrupt;
It has left me in tears
They’re telling me now I gotta work till I’m 432
I got the pension tension bliss suspension nobody ever mentioned blues
I signed that stupid paper 100 years ago
It said if I worked forever, they’d give me lots of dough
I wish I knew what happed; I can’t find many clues
I got the pension tension bliss suspension nobody ever mentioned blues
I thought the plan was looked at by a bunch of CPAs
Thought they said it all looked just fine, then gave their Okay’s
But I guess something was happening outside their view, now
I got the pension tension bliss suspension nobody ever mentioned blues
They invested in some hedge funds and paid up lots of fees
They gambled all my money, with no guarantees, now
I’ve got nothin’ for tomorrow and you know I’m gonna sue
I got the pension tension bliss suspension nobody ever mentioned blues
Guess I should have realized my account was discretionary
Now all I got is these papers. What’s a fiduciary?
I’m putting all my stuff on e-bay, I gotta raise some cash
My piggy bank is empty, my portfolio has crashed
I read that Social Security has gone down the tubes
I got the pension tension bliss suspension nobody ever mentioned blues
I got the pension tension blues
I got the pension tension blues
