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Brown Cafe UPS Forum
UPS Union Issues
Central States penson fund is ready to go under.
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<blockquote data-quote="3brownstars" data-source="post: 189540" data-attributes="member: 5829"><p>The money in your pension is your money. The way the new fund will be set up you will be able to check the status of your individual account any time you wish, it's your money. Your spouse (if you have one) gets the money when you pass, it's your money. After you and your spouse are gone the money goes to your estate, It's your money.</p><p> </p><p>I don't understand why this is such a hard concept to grasp. Your 401k, IRA, money markets, CDs,and savings all go to your estate. Why can't the money (with intrest) that was paid by your employer on your behalf go to your loved ones, you earned it, <strong><u>IT'S YOUR MONEY!</u></strong></p><p> </p><p>Please forgive the redundancy, but I hope you get the point.</p></blockquote><p></p>
[QUOTE="3brownstars, post: 189540, member: 5829"] The money in your pension is your money. The way the new fund will be set up you will be able to check the status of your individual account any time you wish, it's your money. Your spouse (if you have one) gets the money when you pass, it's your money. After you and your spouse are gone the money goes to your estate, It's your money. I don't understand why this is such a hard concept to grasp. Your 401k, IRA, money markets, CDs,and savings all go to your estate. Why can't the money (with intrest) that was paid by your employer on your behalf go to your loved ones, you earned it, [B][U]IT'S YOUR MONEY![/U][/B] Please forgive the redundancy, but I hope you get the point. [/QUOTE]
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Central States penson fund is ready to go under.
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