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Brown Cafe UPS Forum
UPS Retirement Topics
Dreaded Pension Funding Level Letter
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<blockquote data-quote="brownmonster" data-source="post: 727255" data-attributes="member: 298"><p>I think the biggest problem with our pensions is not the way they are invested, but the ratio of retirees to workers supporting them. We had our 1st retiree in 1995 in our building with 60 drivers. Now we have 30 retirees and only 50 drivers. To much coming out and not enough going in. Couple this with the same problems in Social Security and it makes for a grim outlook. How much can a guy realistically salt away in a 401K while also supporting a family.</p></blockquote><p></p>
[QUOTE="brownmonster, post: 727255, member: 298"] I think the biggest problem with our pensions is not the way they are invested, but the ratio of retirees to workers supporting them. We had our 1st retiree in 1995 in our building with 60 drivers. Now we have 30 retirees and only 50 drivers. To much coming out and not enough going in. Couple this with the same problems in Social Security and it makes for a grim outlook. How much can a guy realistically salt away in a 401K while also supporting a family. [/QUOTE]
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Dreaded Pension Funding Level Letter
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