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Drop Out of Your 401k
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<blockquote data-quote="vantexan" data-source="post: 855312" data-attributes="member: 24302"><p>Buddy, I was rehired in late '98 at $10.85hr. No problem, was told I'll top out in 7 to 8 years.(Quit in '97 at $13.50hr after getting a 39 cent raise, first raise in 4.5 years.). 12 years, 8 months later I'm at $17.64hr. No raise in 2009, 2% in 2010, 3.2% in 2011, insurance raised every year. Was willing to put up with the pay as long as I got the full traditional pension. Traditional pension terminated in 2008, replaced with a cash balance plan that probably won't pay 25% of what the traditional plan paid. You say you earned everything? I'll put my productivity numbers up against anyone. But while you, with the backing of your union, got rewarded for your hard work, all I got were lies, manipulations, and kicks in the teeth. You'll have your nice retirement, but my experience is much closer to what way too many are experiencing these days. Keep kidding yourself that you got everything because you deserve more than all these lazy people out there. And be thankful for what you do have. Comparing your rewards at UPS with mine at FedEx would be like comparing a Porsche with a Dodge Dart.</p></blockquote><p></p>
[QUOTE="vantexan, post: 855312, member: 24302"] Buddy, I was rehired in late '98 at $10.85hr. No problem, was told I'll top out in 7 to 8 years.(Quit in '97 at $13.50hr after getting a 39 cent raise, first raise in 4.5 years.). 12 years, 8 months later I'm at $17.64hr. No raise in 2009, 2% in 2010, 3.2% in 2011, insurance raised every year. Was willing to put up with the pay as long as I got the full traditional pension. Traditional pension terminated in 2008, replaced with a cash balance plan that probably won't pay 25% of what the traditional plan paid. You say you earned everything? I'll put my productivity numbers up against anyone. But while you, with the backing of your union, got rewarded for your hard work, all I got were lies, manipulations, and kicks in the teeth. You'll have your nice retirement, but my experience is much closer to what way too many are experiencing these days. Keep kidding yourself that you got everything because you deserve more than all these lazy people out there. And be thankful for what you do have. Comparing your rewards at UPS with mine at FedEx would be like comparing a Porsche with a Dodge Dart. [/QUOTE]
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