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Brown Cafe UPS Forum
UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="tieguy" data-source="post: 230739" data-attributes="member: 1912"><p><span style="color: blue">ahhh I think not. CS by your numbers is 63 percent funded. that puts it at approximately 33 billion to be 100 percent. 43 million out of 33 billion is a pittance. Good to have it but not going to help the cause much. </span></p><p> </p><p><span style="color: #0000ff">Now think about this if your fund is 63 percent funded per your numbers. then how can upsers be getting anymore then 63 cents on the dollar. The number you dispute is the number you gave me. </span></p><p> </p><p><span style="color: #0000ff">I paid a dollar into your savings account. When you went to withdraw it there was only 63 cents in the account. what happened to the rest of my dollar?</span></p></blockquote><p></p>
[QUOTE="tieguy, post: 230739, member: 1912"] [COLOR=blue]ahhh I think not. CS by your numbers is 63 percent funded. that puts it at approximately 33 billion to be 100 percent. 43 million out of 33 billion is a pittance. Good to have it but not going to help the cause much. [/COLOR] [COLOR=#0000ff]Now think about this if your fund is 63 percent funded per your numbers. then how can upsers be getting anymore then 63 cents on the dollar. The number you dispute is the number you gave me. [/COLOR] [COLOR=#0000ff]I paid a dollar into your savings account. When you went to withdraw it there was only 63 cents in the account. what happened to the rest of my dollar?[/COLOR] [/QUOTE]
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Is Central States pension fund ready to go under?
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