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Brown Cafe UPS Forum
UPS Union Issues
My Notice of Teamster/ UPS Pension being gutted has arrived
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<blockquote data-quote="stephenopolus" data-source="post: 841740" data-attributes="member: 35074"><p>I agree. But at the rate corporate America is dismantling pensions and given the fact that things generally cost more in the future, it is not a realistic expectation that we will be able to do that. My dad and uncle both worked for South Central Bell and back in the 1960s they thought a $600/month pension sounded like a comfortable living. Ask them today what they think about it and you will get a sermon. When I get to be 65 years old my $1500/month probably won't cover my yearly property tax let alone my monthly utility bills. Those of you who are expecting to relax with 3k/month better get started on your IRAs before it is too late.</p></blockquote><p></p>
[QUOTE="stephenopolus, post: 841740, member: 35074"] I agree. But at the rate corporate America is dismantling pensions and given the fact that things generally cost more in the future, it is not a realistic expectation that we will be able to do that. My dad and uncle both worked for South Central Bell and back in the 1960s they thought a $600/month pension sounded like a comfortable living. Ask them today what they think about it and you will get a sermon. When I get to be 65 years old my $1500/month probably won't cover my yearly property tax let alone my monthly utility bills. Those of you who are expecting to relax with 3k/month better get started on your IRAs before it is too late. [/QUOTE]
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My Notice of Teamster/ UPS Pension being gutted has arrived
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