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UPS Retirement Topics
Are you delaying retirement? How long?
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<blockquote data-quote="DELACROIX" data-source="post: 5847391" data-attributes="member: 49065"><p>Companies and Corporations have a mandate now: <strong>“Get rid of any traditional defined pension trusts”.</strong></p><p></p><p>The costs associated with them are rising with no relief in the future. </p><p></p><p>These corporation executives and board members have the green light from Washington and the DOL and its associated branches are powerless or unwilling to intervene. </p><p></p><p>They will raise the hourly rates but only at the cost of eliminating any increases in their employees pension or health and welfare contributions. </p><p></p><p>Our future generations will only be retiring with SS, savings and any 401K contributions period…</p><p></p><p>They will have to work well into their 70’s or longer…</p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5847391, member: 49065"] Companies and Corporations have a mandate now: [B]“Get rid of any traditional defined pension trusts”.[/B] The costs associated with them are rising with no relief in the future. These corporation executives and board members have the green light from Washington and the DOL and its associated branches are powerless or unwilling to intervene. They will raise the hourly rates but only at the cost of eliminating any increases in their employees pension or health and welfare contributions. Our future generations will only be retiring with SS, savings and any 401K contributions period… They will have to work well into their 70’s or longer… [/QUOTE]
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UPS Retirement Topics
Are you delaying retirement? How long?
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