Anyone actually had Retirement Reduced??

Discussion in 'Life After Brown' started by RealPerson, Oct 20, 2019.

  1. RealPerson

    RealPerson Active Member

    So,
    With all the talk a little while back, has anyone Actually had retirement pay Reduced???

    Not just a letter saying it might, but reduced......??
     
  2. Many places have had reductions due to the plans being underfunded.

    Look at Central states, The ly are going to be insolvent very soon.
     
  3. RealPerson

    RealPerson Active Member

    Reason I ask, is because I am in Central states... Well kinda.. I am only part time with 25 years, BUT I have several FT friends who are not worried at all. Says there is NO reduction, and last contract even gava a raise to the amount per month. Says UPS will cover amount not in Central Fund...
    Anyway, just trying to get some knowledge on this subject.
     
  4. That's why I twist my coworkers are to get internet the 401k. Gotta take care of yourself. Can't always rely on others.
     
  5. Returntosender

    Returntosender Well-Known Member

    Mortality rate/ tables by the IRS. A few years back messed with pension payouts
     
  6. Indecisi0n

    Indecisi0n Well-Known Member

    If you move out of the central states your safe
     
  7. Returntosender

    Returntosender Well-Known Member

    So employee transfers outwest or east and gets into the new fund. That’s sneaky way for a young employee to get into better position
     
  8. Indecisi0n

    Indecisi0n Well-Known Member

    I'm always looking for the better position .
     
  9. brownmonster

    brownmonster Man of Great Wisdom

    Twisting your co workers to get the internet is a vital first step.
     
  10. Wally

    Wally BrownCafe Innovator & King of Puns

    ChubbyChecker.com?
     
  11. rod

    rod #1 on Upstates "list"

    No--I'm still getting the same piddly $3,000 a month I was awarded 18 years and 4 months ago.