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<blockquote data-quote="oldbrownguy" data-source="post: 1104113" data-attributes="member: 46190"><p>upscorp, I was trying to say that in the "old days", it didn't really matter what the pension for management people was because the stock performed so well. Supervisors (one unit folks), built up a strong portfolio that granted them a very comfortable retirement. They could sit on over a million dollars of stock and sell back what they wanted, and when they wanted to. So, potentially, they could sell back $100K per year, get a nice dividend check, and know that when the board met, the price would increase in large dollar amounts annually. Those days are gone, and the BOD doesn't care. So when I was talking about how poor our pension is, I should have elaborated a little more. Did you know the mechanics get a pension of over 7K per month? Im not saying they dont deserve it either. Im only saying that what we get compared to what we used to have available is a travesty, and nobody cares......</p></blockquote><p></p>
[QUOTE="oldbrownguy, post: 1104113, member: 46190"] upscorp, I was trying to say that in the "old days", it didn't really matter what the pension for management people was because the stock performed so well. Supervisors (one unit folks), built up a strong portfolio that granted them a very comfortable retirement. They could sit on over a million dollars of stock and sell back what they wanted, and when they wanted to. So, potentially, they could sell back $100K per year, get a nice dividend check, and know that when the board met, the price would increase in large dollar amounts annually. Those days are gone, and the BOD doesn't care. So when I was talking about how poor our pension is, I should have elaborated a little more. Did you know the mechanics get a pension of over 7K per month? Im not saying they dont deserve it either. Im only saying that what we get compared to what we used to have available is a travesty, and nobody cares...... [/QUOTE]
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