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Brown Cafe UPS Forum
UPS Union Issues
Local 710 - how are you voting
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<blockquote data-quote="realbrown1" data-source="post: 1522004" data-attributes="member: 46221"><p>Unfortunately he is correct. Pensions are failing all over the country because they are ponzi schemes. You simply can not take money from Peter to pay Paul and expect that to last forever.</p><p></p><p>They only true type of retirement program that works is one where money is deposited into an account for you only and letting it grow with interest over time like a 401k plan or a similar type of plan.</p></blockquote><p></p>
[QUOTE="realbrown1, post: 1522004, member: 46221"] Unfortunately he is correct. Pensions are failing all over the country because they are ponzi schemes. You simply can not take money from Peter to pay Paul and expect that to last forever. They only true type of retirement program that works is one where money is deposited into an account for you only and letting it grow with interest over time like a 401k plan or a similar type of plan. [/QUOTE]
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Local 710 - how are you voting
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