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Brown Cafe UPS Forum
UPS Union Issues
Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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<blockquote data-quote="brett636" data-source="post: 2204997" data-attributes="member: 249"><p>I just got a letter in the mail listing the funding percentage of my pension at 84.81%. That is local 710, and over the last 3 years the pension funding level has steadily increased. While I am thankful for this I still like to base my retirement plans based on no pension at all. If it is still there when I hang it up in 25 years I can treat it as a bonus and invest it, use it to fund my travels, etc. I just don't want to have to rely on it to live incase something like this occurs.</p></blockquote><p></p>
[QUOTE="brett636, post: 2204997, member: 249"] I just got a letter in the mail listing the funding percentage of my pension at 84.81%. That is local 710, and over the last 3 years the pension funding level has steadily increased. While I am thankful for this I still like to base my retirement plans based on no pension at all. If it is still there when I hang it up in 25 years I can treat it as a bonus and invest it, use it to fund my travels, etc. I just don't want to have to rely on it to live incase something like this occurs. [/QUOTE]
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Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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