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Brown Cafe UPS Forum
UPS Union Issues
The State of the "Union"
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<blockquote data-quote="104Feeder" data-source="post: 1095949" data-attributes="member: 42554"><p>Yes I am very proud of the WCT pension plan and I have no doubts in the management in the plans. Perhaps you should look to the history of the CSPF and see why it is in such disarray and why that cannot happen now. </p><p></p><p>Apparently, though you can quote my text, you cannot be bothered to look at the link to the tables which would show that the information you quoted from TDU (as usual) is completely incorrect. </p><p></p><p>Nowhere did I say that all pension plans are created equal or secure, just that they are more secure than 401k's. If all were secure, there would be no need for the PBGC. If all were created equal the WCTPF would be just a humdrum example. A few bad apples just shows the need for regulations they have put in place, not the need to junk the whole system. If you want to fix 401k's then I have more than a few ideas.</p></blockquote><p></p>
[QUOTE="104Feeder, post: 1095949, member: 42554"] Yes I am very proud of the WCT pension plan and I have no doubts in the management in the plans. Perhaps you should look to the history of the CSPF and see why it is in such disarray and why that cannot happen now. Apparently, though you can quote my text, you cannot be bothered to look at the link to the tables which would show that the information you quoted from TDU (as usual) is completely incorrect. Nowhere did I say that all pension plans are created equal or secure, just that they are more secure than 401k's. If all were secure, there would be no need for the PBGC. If all were created equal the WCTPF would be just a humdrum example. A few bad apples just shows the need for regulations they have put in place, not the need to junk the whole system. If you want to fix 401k's then I have more than a few ideas. [/QUOTE]
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