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UPS Union Issues
Retirement - 30 Yr. Full Time - Reality of Fantasy?
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<blockquote data-quote="purplesky" data-source="post: 1128649" data-attributes="member: 23628"><p>It sure would be nice if UPS and the Teamsters could work a deal to combine the part time years into the full time pension. 2 pt years= 1ft year pension credit. I guess it will never happen.<img src="/community/styles/default/xenforo/smilies/FeltTip/dissapointed.png" class="smilie" loading="lazy" alt=":dissapointed:" title="Disappointed :dissapointed:" data-shortname=":dissapointed:" /></p><p></p><p>Social security will be around in some form. We have a retirement crisis on the way and SS is not going anywhere because thats all alot of Americans have for retirement. IT WILL BE FIXED BECAUSE IT HAS TO BE FIXED. </p><p></p><p>For anybody with 30 years to go until retirement you are going to see a new retirement system created. Probably sooner than later. The 401k for most Americans is not going to do the trick for retirement saving because people change jobs now like every 5 years? You need steady long term income for a 401k to work and way too many Americans dont have steady income. </p><p></p><p>Working at UPS gives you the ability to achieve wealth if you are a hyper saver starting young. Try to avoid BIG CAR PAYMENTS AND CREDIT CARD DEBT FOR CRAP YOU CANNOT AFFORD.<img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p><p></p><p>Also for you single guys wear a condom because that one night stand could cost you a small fortune of child support. I know several drivers who pay child support for one night stands. </p><p>I just thought of this because a driver just got some young girl pregnant on his route and he is going to be making a house payment for her now.</p></blockquote><p></p>
[QUOTE="purplesky, post: 1128649, member: 23628"] It sure would be nice if UPS and the Teamsters could work a deal to combine the part time years into the full time pension. 2 pt years= 1ft year pension credit. I guess it will never happen.:disappointed: Social security will be around in some form. We have a retirement crisis on the way and SS is not going anywhere because thats all alot of Americans have for retirement. IT WILL BE FIXED BECAUSE IT HAS TO BE FIXED. For anybody with 30 years to go until retirement you are going to see a new retirement system created. Probably sooner than later. The 401k for most Americans is not going to do the trick for retirement saving because people change jobs now like every 5 years? You need steady long term income for a 401k to work and way too many Americans dont have steady income. Working at UPS gives you the ability to achieve wealth if you are a hyper saver starting young. Try to avoid BIG CAR PAYMENTS AND CREDIT CARD DEBT FOR CRAP YOU CANNOT AFFORD.:wink2: Also for you single guys wear a condom because that one night stand could cost you a small fortune of child support. I know several drivers who pay child support for one night stands. I just thought of this because a driver just got some young girl pregnant on his route and he is going to be making a house payment for her now. [/QUOTE]
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