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Brown Cafe UPS Forum
UPS Retirement Topics
69-49=20 on 05/05/05
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<blockquote data-quote="Shiftless" data-source="post: 6116589" data-attributes="member: 47472"><p>Its the same as it ever was!</p><p></p><p>I tell all that will listen:</p><p></p><p>Don't plan on retiring on what the Teamster pension plan is going to pay you!</p><p></p><p>I Knew for years before I retired the pension alone was not going to stand the test of time then add in no COLA! Or any way to increase your pension income you are more than likely going to need to go back to work at some point if not fully prepared for retirement. You are going to fall behind in normal conditions. The past five years have proven DON'T COUNT on NORMAL!</p><p></p><p>I have never worked again and hope I never have to!</p><p></p><p>If you are smart and still working as a teamster who will get a pension? Better get at addressing Teamster contracts that have no COLA to the pension plans>>>>>>>>>>>>>>> NOW!</p><p></p><p>Sure I wanted the pension and knew its decreasing power, I needed the medical till I got to Medicare to make my plan work.</p><p>Just fortunate it worked out as planned.</p><p></p><p>Again I hope others are doing well!</p></blockquote><p></p>
[QUOTE="Shiftless, post: 6116589, member: 47472"] Its the same as it ever was! I tell all that will listen: Don't plan on retiring on what the Teamster pension plan is going to pay you! I Knew for years before I retired the pension alone was not going to stand the test of time then add in no COLA! Or any way to increase your pension income you are more than likely going to need to go back to work at some point if not fully prepared for retirement. You are going to fall behind in normal conditions. The past five years have proven DON'T COUNT on NORMAL! I have never worked again and hope I never have to! If you are smart and still working as a teamster who will get a pension? Better get at addressing Teamster contracts that have no COLA to the pension plans>>>>>>>>>>>>>>> NOW! Sure I wanted the pension and knew its decreasing power, I needed the medical till I got to Medicare to make my plan work. Just fortunate it worked out as planned. Again I hope others are doing well! [/QUOTE]
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