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Brown Cafe UPS Forum
UPS Union Issues
Hoffa and Teamsters Endorse Bill to Protect Pensions, Strengthen Multi-Employer Plans
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1816801" data-attributes="member: 12570"><p>A retiree with a pension who has to supplement that income with public assistance clearly did not financially plan for his or her retirement.</p><p></p><p>I agree that it sucks to devote 35 years of your life to a company with the promise of a substantial monthly pension payment only to have that dream wiped out by the realization that the company did not take care of their financial business.</p><p></p><p>I disagree that the taxpayers should be on the hook to make up any of that shortfall.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1816801, member: 12570"] A retiree with a pension who has to supplement that income with public assistance clearly did not financially plan for his or her retirement. I agree that it sucks to devote 35 years of your life to a company with the promise of a substantial monthly pension payment only to have that dream wiped out by the realization that the company did not take care of their financial business. I disagree that the taxpayers should be on the hook to make up any of that shortfall. [/QUOTE]
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Hoffa and Teamsters Endorse Bill to Protect Pensions, Strengthen Multi-Employer Plans
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