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Brown Cafe UPS Forum
UPS Union Issues
Bye Bye Pension and Hello to matching 401k coming in 2023?
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<blockquote data-quote="CoffeeStainedUniform" data-source="post: 3722100" data-attributes="member: 73423"><p>I'd swap my pension for a 10-15% 401k match and be thrilled with the switch. I'm not sure how converting our annuities(pensions) over but I'm sure it could be done effectively. </p><p></p><p>Give a grandfathered option to all who are current employees to choose which plan they want. I think that would be a good way to make the move to a better/more modern retirement system.</p></blockquote><p></p>
[QUOTE="CoffeeStainedUniform, post: 3722100, member: 73423"] I'd swap my pension for a 10-15% 401k match and be thrilled with the switch. I'm not sure how converting our annuities(pensions) over but I'm sure it could be done effectively. Give a grandfathered option to all who are current employees to choose which plan they want. I think that would be a good way to make the move to a better/more modern retirement system. [/QUOTE]
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Bye Bye Pension and Hello to matching 401k coming in 2023?
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