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Brown Cafe UPS Forum
UPS Retirement Topics
Surrending CS Pension?
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<blockquote data-quote="my2cents" data-source="post: 72650" data-attributes="member: 1287"><p>OK2BC,</p><p></p><p>Do you know what percentage of Central States retirees are drawing off the Fund and previously worked for an employer that is now bankrupt? In the New England Fund, the figure is 70%. I have posted this link before and it wouldn't surprise me at all if Central States has a similar demographic profile: <a href="http://nettipf.com/pdf_files/JC10delegatesAug2005.pdf" target="_blank">http://nettipf.com/pdf_files/JC10delegatesAug2005.pdf</a> . This presentation by the Fund itself, is probably the best explanation one will receive in regards to this issue.</p></blockquote><p></p>
[QUOTE="my2cents, post: 72650, member: 1287"] OK2BC, Do you know what percentage of Central States retirees are drawing off the Fund and previously worked for an employer that is now bankrupt? In the New England Fund, the figure is 70%. I have posted this link before and it wouldn't surprise me at all if Central States has a similar demographic profile: [url]http://nettipf.com/pdf_files/JC10delegatesAug2005.pdf[/url] . This presentation by the Fund itself, is probably the best explanation one will receive in regards to this issue. [/QUOTE]
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