Fate of 400,000 Teamster pensions rests in Ken Feinberg's hands

[Catatonic]

Divorce

Keep working!
-
`.

 

[Brownslave688]

I mean this is terrible but what's the alternative? Keep it the same til it goes bankrupt?

 

[IVE GOTTA PACKAGE 4U]

I mean this is terrible but what's the alternative? Keep it the same til it goes bankrupt?

Sounds like our government.

 

[UpstateNYUPSer(Ret)]

I mean this is terrible but what's the alternative? Keep it the same til it goes bankrupt?

That appears to be their plan.

 

[Brownslave688]

That appears to be their plan.

Something is better than nothing is the way I see it.

 

[IVE GOTTA PACKAGE 4U]

That appears to be their plan.

And UPS will still be in the hook for billions

 

[UpstateNYUPSer(Ret)]

Something is better than nothing is the way I see it.

You would think so.

 

[Catatonic]

Something is better than nothing is the way I see it.

Something from something leaves something,
That's better than nothing, easy to see!
Nothing from nothing leaves nothing!
And I'm not stuffin', believe you me!

 

[burrheadd]

Guvment gonna bail'em out

 

[UpstateNYUPSer(Ret)]

Guvment gonna bail'em out

Not gonna happen.

 

[Wally]

Guvment gonna bail'em out

I doubt it.

 

[burrheadd]

Not gonna happen.

We shall see

 

[UpstateNYUPSer(Ret)]

We shall see

PBGC is $52B underfunded.

Not gonna happen.

 

[burrheadd]

PBGC is $52B underfunded.

Not gonna happen.

You don't think there are ways around that

 

[UpstateNYUPSer(Ret)]

You don't think there are ways around that

My pension, which is a private, multiple employer fund, is severely underfunded. That being said, I would not think it fair to the taxpayers for them to foot the bill.

 

[burrheadd]

My pension, which is a private, multiple employer fund, is severely underfunded. That being said, I would not think it fair to the taxpayers for them to foot the bill.

Nobody's talking about fair here

 

[UpstateNYUPSer(Ret)]

Nobody's talking about fair here

Suppose you were not a retired Teamster---would you really give a about them?

I wouldn't.