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Brown Cafe UPS Forum
UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="wildgoose" data-source="post: 192812" data-attributes="member: 5428"><p>I think the reality of it is if there is a much reduced pension more than not will still be working - face it raising a family and the bills that come with it can take a toll on the savings program.</p><p> I would rather enjoy my remaining years not working but our pension doesn`t support that idea even with the 401k and social security. <img src="/community/styles/default/xenforo/smilies/group1/mad.gif" class="smilie" loading="lazy" alt=":mad:" title="Mad :mad:" data-shortname=":mad:" /> CS has dropped the bomb now and told the Locals to negoitiate a better pension increase or be prepared to exit their plan because of underfunding ! Now the teamsters are in a vulnerable position and their belly is exposed for negotiations.</p></blockquote><p></p>
[QUOTE="wildgoose, post: 192812, member: 5428"] I think the reality of it is if there is a much reduced pension more than not will still be working - face it raising a family and the bills that come with it can take a toll on the savings program. I would rather enjoy my remaining years not working but our pension doesn`t support that idea even with the 401k and social security. :mad: CS has dropped the bomb now and told the Locals to negoitiate a better pension increase or be prepared to exit their plan because of underfunding ! Now the teamsters are in a vulnerable position and their belly is exposed for negotiations. [/QUOTE]
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Is Central States pension fund ready to go under?
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