30% Cut?? Why do these administrators wait so long to act?
- Thread starter MC4YOU2
- Start date
Catatonic
Nine Lives
Sounds like it could affect @UpstateNYUPSer ?
Brownslave688
You want a toe? I can get you a toe.
Yes that's his pension.
Brownslave688
You want a toe? I can get you a toe.
I think the payout was $5,000-5,500 a month. So still a decent pension.
Catatonic
Nine Lives
I thought so ... he had been making remarks that the payout may go down.
UpstateNYUPSer(Ret)
Well-Known Member
20% projected cuts for active employees.
33% projected cuts for retirees.
50% projected cuts for orphans.
33% projected cuts for retirees.
50% projected cuts for orphans.
Indecisi0n
Well-Known Member
He's so intelligent he will find a loop hole to save only himself from this. I'm sure we will hear about it in everyone one of his posts.
UpstateNYUPSer(Ret)
Well-Known Member
Would you rather hear sound financial advice or constant sexual innuendo?
BTW, how long does it take you to figure out which bathroom to use?
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Unfortunately that's going to happen to many of the pension plans.
Because they want to keep getting voted in
UpstateNYUPSer(Ret)
Well-Known Member
Our.
Unions don't run their pensions. They are administered by a Pension Board.
Ironically, in the late 70's/early 80's, our pension was over funded to the point where they had to decide whether to increase our benefits or cut the government a check. They raised our benefits.
UpstateNYUPSer(Ret)
Well-Known Member
I have already started a GoFundMe page.
The reduced pension should be $3,500-4,000/month.
burrheadd
KING Of GIFS
There goes that badass Altima
UpstateNYUPSer(Ret)
Well-Known Member
My plan is to use my 6 weeks of vacation and 2 weeks of personal/sick time when I retire to put a serious dent in to the residual.
I have a customer who is an entrepreneur. He owns many rental properties (I used to live in one of them), a car wash, laundromat and used car lot. He has a 66 Mustang that I have had my eye on for quite some time. That would be a really nice retirement present from me to me.
Brownslave688
You want a toe? I can get you a toe.
I know it's a tough pill to swallow but that's still a better payout than many in the central see.
UpstateNYUPSer(Ret)
Well-Known Member
I'll bring it to Brownslave's farm---goodness knows he would have whatever tools that he would need.
Brownslave688
You want a toe? I can get you a toe.
I'll take up a donation for a ratchet and A 1/2" socket. You can take apart 3/4 of the car with those.
UpstateNYUPSer(Ret)
Well-Known Member
Uh, I don't work on cars. I write checks to people who do.
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