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Bonus Babies: You are ruining UPS!
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<blockquote data-quote="satellitedriver" data-source="post: 733062" data-attributes="member: 1664"><p><span style="color: DarkGreen"><strong></strong></span></p><p><span style="color: DarkGreen"><strong></strong></span></p><p><span style="color: DarkGreen"><strong></strong></span></p><p><span style="color: DarkGreen"><strong>The GM thing has nothing to do with what you posted.</strong></span></p><p><span style="color: DarkGreen"><strong>You posted;</strong></span></p><p><span style="color: DarkGreen"><strong></strong></span>But, if the company grows with the same amount of workers, or worse, less workers, then the pension plan fails.</p><p><strong><span style="color: DarkGreen">If the company grows that means it can maintain its obligations. Once a person is retired the onus is upon the managers of the retirement fund to manager returns on money invested over the lifetime of the employee.</span></strong></p><p><strong><span style="color: DarkGreen">If payouts are only determined by incoming new money, then it is a Ponsie scheme not a retirement actuarial account. </span></strong></p></blockquote><p></p>
[QUOTE="satellitedriver, post: 733062, member: 1664"] [COLOR=DarkGreen][B] The GM thing has nothing to do with what you posted. You posted; [/B][/COLOR]But, if the company grows with the same amount of workers, or worse, less workers, then the pension plan fails. [B][COLOR=DarkGreen]If the company grows that means it can maintain its obligations. Once a person is retired the onus is upon the managers of the retirement fund to manager returns on money invested over the lifetime of the employee. If payouts are only determined by incoming new money, then it is a Ponsie scheme not a retirement actuarial account. [/COLOR][/B] [/QUOTE]
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Bonus Babies: You are ruining UPS!
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