Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Central States going broke---
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Inthegame" data-source="post: 4720088" data-attributes="member: 37112"><p>Maybe it's not so crazy after all.</p><p></p><p><strong>Every</strong> existing Pension plan pays into the PBGC every month on a per member basis. And every year as more funds fail, that amount increases. </p><p></p><p>Trustees of funds have zero input on those costs.</p><p></p><p>So what do you think will happen to healthy funds when the PBGC goes belly up while assuming the 30% benefit promise to pensioners from a failed CSPF?</p></blockquote><p></p>
[QUOTE="Inthegame, post: 4720088, member: 37112"] Maybe it's not so crazy after all. [B]Every[/B] existing Pension plan pays into the PBGC every month on a per member basis. And every year as more funds fail, that amount increases. Trustees of funds have zero input on those costs. So what do you think will happen to healthy funds when the PBGC goes belly up while assuming the 30% benefit promise to pensioners from a failed CSPF? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Central States going broke---
Top