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Brown Cafe UPS Forum
UPS Union Issues
Another example of Central States mismanagement
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<blockquote data-quote="mittam" data-source="post: 216637" data-attributes="member: 1223"><p><strong>Re: Central States: 63% Funded, And Rising; Not 47% And Falling Toward Zero</strong></p><p></p><p>badpas, just what you said is why it will never get turned around. There are more collecting than putting in. This fund is ran as social security is run. That is a very poor plan. The only way toturn it around is having it ran for each person, individually, that is the only way it will grow. The plan on a whole is set up to fail, and has! Now we are paying for the planned failure! Totally srapping it and starting over would be more efficient than trying to cure the ails we now have.</p></blockquote><p></p>
[QUOTE="mittam, post: 216637, member: 1223"] [b]Re: Central States: 63% Funded, And Rising; Not 47% And Falling Toward Zero[/b] badpas, just what you said is why it will never get turned around. There are more collecting than putting in. This fund is ran as social security is run. That is a very poor plan. The only way toturn it around is having it ran for each person, individually, that is the only way it will grow. The plan on a whole is set up to fail, and has! Now we are paying for the planned failure! Totally srapping it and starting over would be more efficient than trying to cure the ails we now have. [/QUOTE]
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Another example of Central States mismanagement
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