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Message: <blockquote data-quote="area43" data-source="post: 230440" data-attributes="member: 4862">cont. from permalink 241 Ok let me address the retire's that are in the CS plan. Remember folks, CRISIS. Please go to the history of my post and do a little research and find the post that has some of my input on the retire's. Hint its in one of the 3 CS pensions threads that are running now and no its not in the Jonfrum thread.  Teamsters, Oh those Teamster. I love em but their accounting practices and making promises they know they cannot keep leaves me to wonder. Promises, What I mean here is that they have made promises, basically to give everyone, UPS and non UPS retire's a retirement check to the day you die. Side not , People are living a hell of a lot longer. Wow, Folks they were smart and they got us into believing it. Ok, Retire's its time to face the music. Remember, CRISIS everyone has to do their part and help out this sinking CS titanic(Jon made a similar analogy). Again, Teamsters broken promises. Why should just the(present) working man have to suffer with the thought of possibly getting nothing and your still getting a check. Don't get me wrong, your are in titled to some, but not to the extent the Teamsters had originally promised you. Reality Check. Do the math, add the years of service that they the company you worked for made contribitions on your behalf and add roughly 4 to 6 % Remember most of the companies you worked for have gone out of business.  Some or most of the basically 200,000 retire's I believe in The CS plan have never worked for UPS. Yes, its an MEP(MEP are a bad way to do Pensions, PERIOD) Hey, Jon you told me earlier about how MEP are so great and that SEP are the worse I guess at the present. Well, Jon here is another SEP that' s about too or allready is going to go bust. Right under our noses,folks. Social Security. Ok, retire's CRISIS remember. Teamster Promises that can't be kept. Next, most or some of the retire's companies have gone out of business. So, what do we do then? Teamsters think Hmmmm. We have been taking their companies contributions on their behalf. Don"t really want to give it back to them, even if it theirs and they worked hard for it. Remember folks, Teamster looking out for the common laborer. (teamsters thinking) Hey, I got it lets just make up some bogus promises(dime a dozen) after all we can still get the monthly dues out of him. We also can steal from Peter to pay Paul. MEP, you gotta love it. Pure corrupt Genius. LMAO Folks you just have to laugh or you'll just plan go insane.  Retire's what fair is fair. To be honest, most of you have probably received more than your fair share. Some(alot) of your companies that you have worked for have long ago gone out of business. Have compassion over the present day workers that are about to get a possible royal screwing. Teamsters, sadly to say, sold you a bill of goods. Promises that were never meant to be kept. How could they keep all those promises. There not a business. They don't make a product, etc, etc. Their a parasite when it comes to pensions.  In closing, Retire's its all about planning. Self reliance. I hope and pray that your economics affairs are in order, because if and when UPS pulls the plug so to speak. The CS titanic will go down. Thus the feds will have to take over in which case you will be making a lot less than what you are making now. Look at the Bright side. At least your getting something. The rest of the presentlly working CS laborers have the worry of getting nothing. Oh, by the way Jon on your possible unethical practices. As you know by now I have passed alot of your posts to my center manager and acct rep. I have recently talked to the acct rep in particular. He has also told me some very interesting info. Anyhow, enuff said, Good Morning!!!!!!!!!!!!!!!!!! Cafers. area 43 out</blockquote>

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