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Brown Cafe UPS Forum
UPS Union Issues
Another example of Central States mismanagement
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<blockquote data-quote="Bill" data-source="post: 218248" data-attributes="member: 5483"><p><strong>Re: Plan Liabilities: Current vs. Future</strong></p><p></p><p></p><p>The way you have it figured, is that the fund has money to pay for the current retirees, but no money for future retirees. Is this why they won't let us retire? You paint a rosy picture of the CS pension fund, but it is just the opposite. Even if I were to agree with you (and I don't), the assets dropped over 3 billion dollars (Schedule H, lines friend,k,i) from the beginning of the year to the end of the year.</p></blockquote><p></p>
[QUOTE="Bill, post: 218248, member: 5483"] [b]Re: Plan Liabilities: Current vs. Future[/b] The way you have it figured, is that the fund has money to pay for the current retirees, but no money for future retirees. Is this why they won't let us retire? You paint a rosy picture of the CS pension fund, but it is just the opposite. Even if I were to agree with you (and I don't), the assets dropped over 3 billion dollars (Schedule H, lines friend,k,i) from the beginning of the year to the end of the year. [/QUOTE]
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Another example of Central States mismanagement
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