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UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="Bill" data-source="post: 181308" data-attributes="member: 5483"><p>You make it too easy to show how stupid you truly are. If you can't show evidence of where you read your information, then don't post it. It is meaningless statements as usual coming from you. How could the bulk of drivers retire in the next 5 years? The Teamsters have eliminated the 25 and out and also the 30 and out pension. You can retire, but according to Central States, you will receive very little. Any one in Central States can check out their own retirement benefits at <a href="http://www.centralstates.org" target="_blank">www.centralstates.org</a> and enter ttheir own personal information. You will see that unless you reach the age of 62 or 65 (if you had less than 20 years of service as of 2003), you will receive a big pension cut. Ironically, under this, it states that your pension and benefits are "not guaranteed". How many package car drivers are going to be able to work until the ripe old age of 65? Maybe Brett, you can answer this question, because you seem to know everything else!!!!! Did I mention that if you don't make it to the age of 50, you receive nothing.</p></blockquote><p></p>
[QUOTE="Bill, post: 181308, member: 5483"] You make it too easy to show how stupid you truly are. If you can't show evidence of where you read your information, then don't post it. It is meaningless statements as usual coming from you. How could the bulk of drivers retire in the next 5 years? The Teamsters have eliminated the 25 and out and also the 30 and out pension. You can retire, but according to Central States, you will receive very little. Any one in Central States can check out their own retirement benefits at [URL="http://www.centralstates.org"]www.centralstates.org[/URL] and enter ttheir own personal information. You will see that unless you reach the age of 62 or 65 (if you had less than 20 years of service as of 2003), you will receive a big pension cut. Ironically, under this, it states that your pension and benefits are "not guaranteed". How many package car drivers are going to be able to work until the ripe old age of 65? Maybe Brett, you can answer this question, because you seem to know everything else!!!!! Did I mention that if you don't make it to the age of 50, you receive nothing. [/QUOTE]
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Is Central States pension fund ready to go under?
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