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UPS Retirement Topics
Western Conference of Teamsters Pension Trust "endangered"?
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<blockquote data-quote="JonFrum" data-source="post: 526890" data-attributes="member: 18044"><p>Dancer,</p><p></p><p>Almost all pension funds have been hurt by the drop in the markets, and as usual, Teamster funds are leading the race to the bottom.<img src="/community/styles/default/xenforo/smilies/FeltTip/sad-very.png" class="smilie" loading="lazy" alt=":sad-very:" title="Sad Very :sad-very:" data-shortname=":sad-very:" /></p><p></p><p>However, the Western Conference Fund was in the best shape to begin with, and has not suffered as much as the others during the downturn! You're very lucky!<img src="/community/styles/default/xenforo/smilies/FeltTip/happy2.png" class="smilie" loading="lazy" alt=":happy2:" title="Happy2 :happy2:" data-shortname=":happy2:" /></p><p></p><p>Actuarial Value and Market Value are two different things. You can get an idea of what the actuarial data means by reading the 2008 Instructions to Form-5500. . .</p><p></p><p>The actuarial information was formerly contained in Schedule B; Now it's in Schedule MB. Scroll down to pages 43-48. But be warned! Reading this stuff may make your head explode!<img src="/community/styles/default/xenforo/smilies/FeltTip/knockedout.png" class="smilie" loading="lazy" alt=":knockedout:" title="Knockedout :knockedout:" data-shortname=":knockedout:" /></p></blockquote><p></p>
[QUOTE="JonFrum, post: 526890, member: 18044"] Dancer, Almost all pension funds have been hurt by the drop in the markets, and as usual, Teamster funds are leading the race to the bottom.:sad-very: However, the Western Conference Fund was in the best shape to begin with, and has not suffered as much as the others during the downturn! You're very lucky!:happy2: Actuarial Value and Market Value are two different things. You can get an idea of what the actuarial data means by reading the 2008 Instructions to Form-5500. . . The actuarial information was formerly contained in Schedule B; Now it's in Schedule MB. Scroll down to pages 43-48. But be warned! Reading this stuff may make your head explode!:knockedout: [/QUOTE]
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