Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="brett636" data-source="post: 1283567" data-attributes="member: 249"><p>I find myself agreeing with both the Addison feeder driver and 710 steward. While I agree that getting the union to redirect pension money to our 401ks is highly unlikely I do agree that it should be done. I feel like I could do a lot more with that money than what the pension fund is doing with it, and still have a substantial retirement nestegg that can be passed on to surviving family members. I understand that many members are stuck on the perpetuity of the income itself, but with a large enough 401k(7 figures would be necessary) one could generate just as good, if not a better income, for themselves and not ever touch the original principal. Getting the members to both understand and agree to this would be a huge uphill battle not to mention getting the union leadership to let go of some of that money the company is sending their way too makes its a pipe dream at best.</p></blockquote><p></p>
[QUOTE="brett636, post: 1283567, member: 249"] I find myself agreeing with both the Addison feeder driver and 710 steward. While I agree that getting the union to redirect pension money to our 401ks is highly unlikely I do agree that it should be done. I feel like I could do a lot more with that money than what the pension fund is doing with it, and still have a substantial retirement nestegg that can be passed on to surviving family members. I understand that many members are stuck on the perpetuity of the income itself, but with a large enough 401k(7 figures would be necessary) one could generate just as good, if not a better income, for themselves and not ever touch the original principal. Getting the members to both understand and agree to this would be a huge uphill battle not to mention getting the union leadership to let go of some of that money the company is sending their way too makes its a pipe dream at best. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
Top