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No guarantee after December 31, 2012?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 939409" data-attributes="member: 12570"><p>We had a Telematics crafts meeting this morning. There were 5 drivers who took the time to show up along with 12 PTers who were there as we were also discussing contract proposals. The BA gave us an update on our pension and it seems as though the pension fund rehabilitation plan that we approved and have diverted our split raises to is not working as well as expected and our plan is expected to be in the red through 2029. One of our contract proposals was to ask for more money for the pension from the company.</p><p></p><p>I am glad that I put all of the time and effort in to paying down all of my bills so that I can max out my 401k for my remaining 7 years.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 939409, member: 12570"] We had a Telematics crafts meeting this morning. There were 5 drivers who took the time to show up along with 12 PTers who were there as we were also discussing contract proposals. The BA gave us an update on our pension and it seems as though the pension fund rehabilitation plan that we approved and have diverted our split raises to is not working as well as expected and our plan is expected to be in the red through 2029. One of our contract proposals was to ask for more money for the pension from the company. I am glad that I put all of the time and effort in to paying down all of my bills so that I can max out my 401k for my remaining 7 years. [/QUOTE]
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No guarantee after December 31, 2012?
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