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<blockquote data-quote="Karma..." data-source="post: 5002119" data-attributes="member: 29370"><p>I would have opted for a good 401k over a defined pension either company or union.. I can do better than either with my money. its a slush fund for the union as well as the company. consider the survival rate of people actually retiring from either the union or the company...its a money maker for both. the company didnt change their retirement policy to lose money and I think the union will follow at some point in the near future once the costs are too much. in this case the company is actually pro-active</p></blockquote><p></p>
[QUOTE="Karma..., post: 5002119, member: 29370"] I would have opted for a good 401k over a defined pension either company or union.. I can do better than either with my money. its a slush fund for the union as well as the company. consider the survival rate of people actually retiring from either the union or the company...its a money maker for both. the company didnt change their retirement policy to lose money and I think the union will follow at some point in the near future once the costs are too much. in this case the company is actually pro-active [/QUOTE]
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