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UPS Discussions
UPS, Teamsters to Restructure New England Pension Plan
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<blockquote data-quote="What&#039;dyabringmetoday???" data-source="post: 1016617" data-attributes="member: 10135"><p>I hope you don't really believe what you are posting here. If UPS goes bankrupt, there is likely no chance of getting any sort of pension. Say what you will about the PBGC, but how long do you think that will last? Pension funds do run out of money. Considering the way things are lately, do you really want to count on the government to step in and take care of it? Even if the PBGC were to stay afloat, you certainly will not see the money you expected from your pension fund. (this is not meant to start an argument, just some opinions)</p></blockquote><p></p>
[QUOTE="What'dyabringmetoday???, post: 1016617, member: 10135"] I hope you don't really believe what you are posting here. If UPS goes bankrupt, there is likely no chance of getting any sort of pension. Say what you will about the PBGC, but how long do you think that will last? Pension funds do run out of money. Considering the way things are lately, do you really want to count on the government to step in and take care of it? Even if the PBGC were to stay afloat, you certainly will not see the money you expected from your pension fund. (this is not meant to start an argument, just some opinions) [/QUOTE]
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UPS, Teamsters to Restructure New England Pension Plan
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