Central State Pension Crisis

Discussion in 'UPS Discussions' started by take your time, Mar 28, 2019.

  1. So, pensions are now failing in the Central States.....

    There isn't enough money in the fund, it was spent years ago..... This isn't going to end well....

    So we have a choice to make....keep subsidizing the boomers and let the entire company go under....or let them go and look after our own future.....

    Retired Teamsters in Illinois Mobilize to Fight for Failing Pension Funds   Transport Topics.png
     
  2. Indecisi0n

    Indecisi0n Well-Known Member

    Pensions are overrated anyway
     
  3. rod

    rod #1 on Upstates "list"

    Old news. Where have you been--living under a rock?
     
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  4. rod

    rod #1 on Upstates "list"

  5. rod

    rod #1 on Upstates "list"

    That gets my vote
     
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  6. Maple Grove MN Driver

    Maple Grove MN Driver Cocaine Mang!

    Eliminate pensions for anyone currently working unless you have less than 5 years before retirement.
    Boomers built this country into what it is.
    Gen X and Millennials deserve nothing.
     
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  7. Jackburton

    Jackburton Gone Fish'n

    You don’t get one of those anymore.
     
  8. rod

    rod #1 on Upstates "list"

    unless you live in Illinois---then you get 2 or 3 votes
     
  9. WorkinLateHuh

    WorkinLateHuh Active Member

    easy fix. Just don't retire from UPS

    I don't know why ppl would want to retire from their dream job anyway.
     
    Last edited: Mar 28, 2019
  10. Jackburton

    Jackburton Gone Fish'n

    That’s ok, I’ll hand out $1 iTunes gift cards to anyone under 10 years seniority to override those votes.
     
  11. rod

    rod #1 on Upstates "list"

    That is excellent advise for everyone else but me
     
  12. Jackburton

    Jackburton Gone Fish'n

    At 8.5hrs a day, I’ll be here forever.
     
  13. rod

    rod #1 on Upstates "list"

    Sadly that would work. And the part timers wonder why they constantly get screwed
     
  14. I don't disagree with this. Pensions are a ponzi scheme, it's unsustainable. Not enough money for all the retirees who were promised that they could live for free doing nothing. People used to die around 65 years. Now they are living well-beyond that. 25 years of being subsidized isn't going to work.
     
  15. The Driver

    The Driver I drive.

    Psssssst save your own money in case this all goes down the tubes...
     
  16. MAKAVELI

    MAKAVELI Well-Known Member

    Boomers destroyed this country. Ttku....
     
  17. rod

    rod #1 on Upstates "list"

    it was fun while it lasted
     
  18. Box Ox

    Box Ox Well-Known Member

    150 years if you’re @rod .
     
  19. MAKAVELI

    MAKAVELI Well-Known Member

    Time for the youngsters to take over and show you how to run a country.
     
  20. Box Ox

    Box Ox Well-Known Member

    Which European model should we pick up and run with?