30% Cut?? Why do these administrators wait so long to act?

Discussion in 'UPS Retirement Topics' started by MC4YOU2, Aug 23, 2016.

  1. MC4YOU2

    MC4YOU2 Yep, not wearing brown anymore

  2. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

  3. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    Yes that's his pension.
     
  4. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I think the payout was $5,000-5,500 a month. So still a decent pension.
     
  5. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    I thought so ... he had been making remarks that the payout may go down.
     
  6. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    20% projected cuts for active employees.
    33% projected cuts for retirees.
    50% projected cuts for orphans.
     
  7. Indecisi0n

    Indecisi0n Well-Known Member

    He's so intelligent he will find a loop hole to save only himself from this. I'm sure we will hear about it in everyone one of his posts.
     
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  8. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Would you rather hear sound financial advice or constant sexual innuendo?

    BTW, how long does it take you to figure out which bathroom to use?
     
    Last edited: Aug 24, 2016
  9. Jkloc420

    Jkloc420 Well-Known Member

    Good thing are union keeps telling us to vote democratic and they can't even run pensions.
     
  10. Because they want to keep getting voted in
     
  11. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Our.

    Unions don't run their pensions. They are administered by a Pension Board.

    Ironically, in the late 70's/early 80's, our pension was over funded to the point where they had to decide whether to increase our benefits or cut the government a check. They raised our benefits.
     
  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I have already started a GoFundMe page.

    The reduced pension should be $3,500-4,000/month.
     
  13. burrheadd

    burrheadd Superstar

    There goes that badass Altima
     
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  14. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    My plan is to use my 6 weeks of vacation and 2 weeks of personal/sick time when I retire to put a serious dent in to the residual.

    I have a customer who is an entrepreneur. He owns many rental properties (I used to live in one of them), a car wash, laundromat and used car lot. He has a 66 Mustang that I have had my eye on for quite some time. That would be a really nice retirement present from me to me.
     
  15. cosmo1

    cosmo1 Just another internet hooligan.


    Are you going to learn how to work on it yourself?
     
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  16. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I know it's a tough pill to swallow but that's still a better payout than many in the central see.
     
  17. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I'll bring it to Brownslave's farm---goodness knows he would have whatever tools that he would need.
     
  18. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    I'll take up a donation for a ratchet and A 1/2" socket. You can take apart 3/4 of the car with those.
     
  19. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Uh, I don't work on cars. I write checks to people who do.