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UPS Retirement Topics
Hoffa: Time to protect pensions
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<blockquote data-quote="BrownFlush" data-source="post: 3245129" data-attributes="member: 65823"><p>If the model has stumbled , change the model . Don't throw the baby out with the bath water .</p><p>I don't care what government agencies offer , they certainly aren't THE model .</p><p>Organized labors standard of benefits must be distinct and unlike all others.</p><p>401k , 401b , 401pdq , invest and save however . But , do not buy what the company is selling simply because the funds are in trouble .</p><p>History proves , if the company wants it , you don't . If the negotiated pension plan is done away with under the guise of " I want to be responsible for my own future " and " Give me the money you are giving the thieving union " , mark it down , the worker will be burnt . </p><p>After you are fooled with " I don't want a pension plan , I can do better myself " , you will soon be buying your own health care also .</p><p>No pension , no health insurance , whats next ? Who knows , but don't be surprised by the flood that will roll in once you open the gate.</p><p>Any union man knows , once you have something negotiated and in a contract , don't ever , ever let it go .</p></blockquote><p></p>
[QUOTE="BrownFlush, post: 3245129, member: 65823"] If the model has stumbled , change the model . Don't throw the baby out with the bath water . I don't care what government agencies offer , they certainly aren't THE model . Organized labors standard of benefits must be distinct and unlike all others. 401k , 401b , 401pdq , invest and save however . But , do not buy what the company is selling simply because the funds are in trouble . History proves , if the company wants it , you don't . If the negotiated pension plan is done away with under the guise of " I want to be responsible for my own future " and " Give me the money you are giving the thieving union " , mark it down , the worker will be burnt . After you are fooled with " I don't want a pension plan , I can do better myself " , you will soon be buying your own health care also . No pension , no health insurance , whats next ? Who knows , but don't be surprised by the flood that will roll in once you open the gate. Any union man knows , once you have something negotiated and in a contract , don't ever , ever let it go . [/QUOTE]
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Hoffa: Time to protect pensions
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