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Pensions?
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<blockquote data-quote="RockyRogue" data-source="post: 160732" data-attributes="member: 7185"><p>I'd have to agree, Tasky. I think we'll see the pension system disappearing as more and more of the defined benefit plans wind up under government control. I think 30 years is very optimistic for the MULTI-EMPLOYER pension plans (ie Central States). Those'll probably be gone in 10 or less and under government control at that. The UPS pension plan...I can see that lasting a looonnnng time as its overfunded right now. I forget the poster now but somewhere on here I saw something about 30 years ago and the pensions disappearing, etc, etc. I think that this time, they will, seeing as how MESSED up they are!! JMO. -Rocky.</p></blockquote><p></p>
[QUOTE="RockyRogue, post: 160732, member: 7185"] I'd have to agree, Tasky. I think we'll see the pension system disappearing as more and more of the defined benefit plans wind up under government control. I think 30 years is very optimistic for the MULTI-EMPLOYER pension plans (ie Central States). Those'll probably be gone in 10 or less and under government control at that. The UPS pension plan...I can see that lasting a looonnnng time as its overfunded right now. I forget the poster now but somewhere on here I saw something about 30 years ago and the pensions disappearing, etc, etc. I think that this time, they will, seeing as how MESSED up they are!! JMO. -Rocky. [/QUOTE]
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