Is the UPS Teamsters Pension like Gold?

Ou812fu

Polishing toilet bowls since 1966.
Has everyone forgot that when Obama was in there that there was no money left. It is done. Then Trump came in and there was an over abundance, and he told everyone that it was a financial paper scam. Now we have the next guy and it is back to there is no money in there.

Yet they are sending billions of dollars to other countries, which in return Is turned back around and put in their pockets. How long is everyone just going to sit there and turn a blind eye?
 

Wally

BrownCafe Innovator & King of Puns
Unless you are financially forced to take it early and can't wait. No one size fits all answer.
Plan is broke and taxing more won't solve that. It is a supplement plan, not an early retirement plan.

What solution then? Most obvious is pushing the entry age up.
 

oldngray

nowhere special
Plan is broke and taxing more won't solve that. It is a supplement plan, not an early retirement plan.

What solution then? Most obvious is pushing the entry age up.
It was always intended to be just a supplement but too many people waited then tried to rely on it as the sole source of income. Also it pays for disabilities and not just retirements.
 

Wally

BrownCafe Innovator & King of Puns
It was always intended to be just a supplement but too many people waited then tried to rely on it as the sole source of income. Also it pays for disabilities and not just retirements.
Time to revamp the disability side too. I have a feeling many able bodied scammers out there-playing the system.
 

Over70irregs

❤️ MORE 😡 LESS
Has everyone forgot that when Obama was in there that there was no money left. It is done. Then Trump came in and there was an over abundance, and he told everyone that it was a financial paper scam. Now we have the next guy and it is back to there is no money in there.

Yet they are sending billions of dollars to other countries, which in return Is turned back around and put in their pockets. How long is everyone just going to sit there and turn a blind eye?
1720709470242.png
 

BrownFlush

Woke Racist Reigning Ban King
Time to revamp the disability side too. I have a feeling many able bodied scammers out there-playing the system.
I took the check at 62.
My philosophy, the first day you can get money in your mailbox and not work, take it. Did the same with the pension. I was 52.

The day after I got my first check from SS,62 and 3 months, I filed for disability. SS turned it down. Got a lawyer.
He looked at my medical records. Had the hearing sitting in my car on an iPhone because Covid had the world shut down.
15 minutes after I swore in, it was over.
Two months later, I got a check close to 6K of backpay after the lawyer was paid and an increased check every month for life like I retired at full age.
If you do 30 years in a brown truck, you deserve everything you can get. I'm no scammer. We've all seen those folks.
 

Over70irregs

❤️ MORE 😡 LESS
I took the check at 62.
My philosophy, the first day you can get money in your mailbox and not work, take it. Did the same with the pension. I was 52.

The day after I got my first check from SS,62 and 3 months, I filed for disability. SS turned it down. Got a lawyer.
He looked at my medical records. Had the hearing sitting in my car on an iPhone because Covid had the world shut down.
15 minutes after I swore in, it was over.
Two months later, I got a check close to 6K of backpay after the lawyer was paid and an increased check every month for life like I retired at full age.
If you do 30 years in a brown truck, you deserve everything you can get. I'm no scammer. We've all seen those folks.
Bam 💥….. Screenshot!!
 

Vin71

Well-Known Member
Cops, Teachers, Union Trades, and Teamsters are solid. Other working class or blue collar people gotta get creative and disciplined.
 

Wally

BrownCafe Innovator & King of Puns
And if you die you collect nothing..

If you don't need the money put it aside and invest it.
Yep, expire early and collect nothing. That fact shouldn't change raising the early retirement age. The plan is going broke and additional taxes will not solve that problem.
 
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