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Brown Cafe UPS Forum
UPS Union Issues
APWA Newsletter: Here We Go Again!
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<blockquote data-quote="FracusBrown" data-source="post: 743620" data-attributes="member: 29360"><p>It's only unsustainable because it's been mismanaged. You are supposed to receive benefits based upon the contributions made on your behalf. Unfortunately, many of the pension funds are using the contributions made on an employees behalf for someone other than the person the contribution was made for.</p><p> </p><p>It shouldn't matter how many people are collecting payments because they should be collecting from their own contributions.</p><p> </p><p>There are many pension funds that are well managed and sustainable.</p></blockquote><p></p>
[QUOTE="FracusBrown, post: 743620, member: 29360"] It's only unsustainable because it's been mismanaged. You are supposed to receive benefits based upon the contributions made on your behalf. Unfortunately, many of the pension funds are using the contributions made on an employees behalf for someone other than the person the contribution was made for. It shouldn't matter how many people are collecting payments because they should be collecting from their own contributions. There are many pension funds that are well managed and sustainable. [/QUOTE]
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APWA Newsletter: Here We Go Again!
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