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UPS Union Issues
Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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<blockquote data-quote="By The Book" data-source="post: 2186265" data-attributes="member: 53581"><p>The problem I see with your word problem is you are using the most recent amount per month in your calculations. I think you would have to use the actual monthly benefit amounts from each statement, from the start, and average them to come up with your scenario. By doing this though it only makes the payout to actual contribution received that much higher though. However it greatly reduces your 1.7 million figure.</p></blockquote><p></p>
[QUOTE="By The Book, post: 2186265, member: 53581"] The problem I see with your word problem is you are using the most recent amount per month in your calculations. I think you would have to use the actual monthly benefit amounts from each statement, from the start, and average them to come up with your scenario. By doing this though it only makes the payout to actual contribution received that much higher though. However it greatly reduces your 1.7 million figure. [/QUOTE]
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