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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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<blockquote data-quote="Inthegame" data-source="post: 1280586" data-attributes="member: 37112"><p>Your comprehension skills need attention. You're adding the entire negotiated benefit amount, $40 per week per year, to pension. At least half of that is going to H&W.</p><p>Pensions pay out for lifetimes. Your own inaccurate numbers should give you some sense of the value of a pooled risk pension vs a total individual risk 401. In the early 90's your negotiated pension contribution was less than $5000 per year, that now pays $33k per year for your lifetime (with a survivor lifetime benefit).</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1280586, member: 37112"] Your comprehension skills need attention. You're adding the entire negotiated benefit amount, $40 per week per year, to pension. At least half of that is going to H&W. Pensions pay out for lifetimes. Your own inaccurate numbers should give you some sense of the value of a pooled risk pension vs a total individual risk 401. In the early 90's your negotiated pension contribution was less than $5000 per year, that now pays $33k per year for your lifetime (with a survivor lifetime benefit). [/QUOTE]
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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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