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I A M penison out of money
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<blockquote data-quote="Redtag" data-source="post: 4049060" data-attributes="member: 70933"><p>How can any of you be shocked lol Increasing amount of retirees vs. dropping union membership paying into plans of course funding is going to drop</p><p></p><p>The plan is 89 percent funded and in the yellow zone, the fund is implementing red zone policy because they predict funding is going to drop.</p><p></p><p>The subsidy for penalty free early retirement such as 30 and out or 20 years @62 is cut. You can still leave before 65 but you will get a reduced benefit.</p></blockquote><p></p>
[QUOTE="Redtag, post: 4049060, member: 70933"] How can any of you be shocked lol Increasing amount of retirees vs. dropping union membership paying into plans of course funding is going to drop The plan is 89 percent funded and in the yellow zone, the fund is implementing red zone policy because they predict funding is going to drop. The subsidy for penalty free early retirement such as 30 and out or 20 years @62 is cut. You can still leave before 65 but you will get a reduced benefit. [/QUOTE]
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