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Brown Cafe UPS Forum
UPS Union Issues
APWA ???
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<blockquote data-quote="Just Lurking" data-source="post: 97350" data-attributes="member: 5304"><p>I attended a meeting.</p><p></p><p>They said that they would get at least 10 percent return from financial company for a fee of 1/2 percent. If that financial company could not provide a 10.5 percent return, they would transfer the pension money to another financial company that would. In reality, the same compounding factor that they count on to the upside would have just has drastic downside </p><p>reult on a less than 10 percent return (noy counting a negative return)</p><p></p><p>more money, better working conditions, less time waiting on a full time job!!!! - can I have ice cream too.</p><p></p><p>So much pie in the sky dreaming is nice but more realistic goals would bring more support to the APWA.</p></blockquote><p></p>
[QUOTE="Just Lurking, post: 97350, member: 5304"] I attended a meeting. They said that they would get at least 10 percent return from financial company for a fee of 1/2 percent. If that financial company could not provide a 10.5 percent return, they would transfer the pension money to another financial company that would. In reality, the same compounding factor that they count on to the upside would have just has drastic downside reult on a less than 10 percent return (noy counting a negative return) more money, better working conditions, less time waiting on a full time job!!!! - can I have ice cream too. So much pie in the sky dreaming is nice but more realistic goals would bring more support to the APWA. [/QUOTE]
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