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Pension funded roll call? What is your pension funded percentage % 2022/2023
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<blockquote data-quote="DELACROIX" data-source="post: 5576943" data-attributes="member: 49065"><p>When a pension plan reaches <img class="smilie smilie--emoji" loading="lazy" alt="💯" title="Hundred points :100:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f4af.png" data-shortname=":100:" /> % vesting ratio they have the assets in their fund to cover their present and future pension obligations. They don’t even have to contribute a dime at the end of the year, it continues to grow just on it’s investments.</p><p></p><p>This is why UPS wants control over every one of the Teamsters’ run pensions. Also this is why the Western will be paying out close to 300 dollars per service year. If the Company somehow got control of the Western and converted it into <strong>a define pension trust </strong>it would not have to be obligated to pay that negotiated 500 dollars a week for every member. Look what has happened in their <strong>IBT/UPS (2021, 2022) and The UPS Pension Plan (2017) </strong>when they didn’t contribute at the end of the year.</p><p></p><p><strong>The West is sitting pretty now and it’s continuing growth is a given. </strong>The rest of the country not do much the same.</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5576943, member: 49065"] When a pension plan reaches 💯 % vesting ratio they have the assets in their fund to cover their present and future pension obligations. They don’t even have to contribute a dime at the end of the year, it continues to grow just on it’s investments. This is why UPS wants control over every one of the Teamsters’ run pensions. Also this is why the Western will be paying out close to 300 dollars per service year. If the Company somehow got control of the Western and converted it into [B]a define pension trust [/B]it would not have to be obligated to pay that negotiated 500 dollars a week for every member. Look what has happened in their [B]IBT/UPS (2021, 2022) and The UPS Pension Plan (2017) [/B]when they didn’t contribute at the end of the year. [B]The West is sitting pretty now and it’s continuing growth is a given. [/B]The rest of the country not do much the same. [/QUOTE]
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Pension funded roll call? What is your pension funded percentage % 2022/2023
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