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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="Booblebrown" data-source="post: 1288367" data-attributes="member: 52205"><p>I agree that most guys would not survive without that pension or would have to work until they die. Alot of our guys don't participate in the 401k, which iI can't understand, but thats their choice. But in reality, with the amount we contribute into the pensions,even with the 08 downturn, we shouldn't have to supplement our retirement. My 401k did a 23% return last year. How long does it take for the pensions to rebound? I do realize pension funds are not invested like 401k's</p></blockquote><p></p>
[QUOTE="Booblebrown, post: 1288367, member: 52205"] I agree that most guys would not survive without that pension or would have to work until they die. Alot of our guys don't participate in the 401k, which iI can't understand, but thats their choice. But in reality, with the amount we contribute into the pensions,even with the 08 downturn, we shouldn't have to supplement our retirement. My 401k did a 23% return last year. How long does it take for the pensions to rebound? I do realize pension funds are not invested like 401k's [/QUOTE]
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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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