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Interesting Article About Teamsters Pension For All The Haters
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<blockquote data-quote="vantexan" data-source="post: 2438796" data-attributes="member: 24302"><p>They can do anything they want within the law. However they started hiring people in 2003 under the new plan. So we're talking about only the older employees under the traditional pension, many of whom got 25 years anyways or close to it. The ones who got screwed were the ones with 10-20 years who chose to remain in the traditional but were forced into the PPP. The company could've kept their word to them and at least let them get their 25 years in. That extra 4% for 5 years in no way made up for what they lost. They were much more interested in getting wealthier than doing right by us. I can hear you now: "if you say so." When you defend them you participate in the screwing over.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2438796, member: 24302"] They can do anything they want within the law. However they started hiring people in 2003 under the new plan. So we're talking about only the older employees under the traditional pension, many of whom got 25 years anyways or close to it. The ones who got screwed were the ones with 10-20 years who chose to remain in the traditional but were forced into the PPP. The company could've kept their word to them and at least let them get their 25 years in. That extra 4% for 5 years in no way made up for what they lost. They were much more interested in getting wealthier than doing right by us. I can hear you now: "if you say so." When you defend them you participate in the screwing over. [/QUOTE]
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