Market performance/ pension performance

[Non sequitur]

So the market is up 25% since last years election. This should help balance some of underfunded pensions out there, including central states. Lets hope pension managers don't friend--- it up.

 

[BSWALKS]

Aren't the troubled pensions regulated to the safer/lower return investments ?

 

[Non sequitur]

You're right, but everything has to be up double digits?

 

[Wally]

So the market is up 25% since last years election. This should help balance some of underfunded pensions out there, including central states. Lets hope pension managers don't friend--- it up.

Are you crazy? You just sent out the Bat Signal to every driver/financial genius out there in the Wall Street center!

Watch Out!

 

[UpstateNYUPSer(Ret)]

Aren't the troubled pensions regulated to the safer/lower return investments ?

There are safeguards in place which prevent troubled funds from taking advantage of an overperforming market.

 

[Icoclast]

A Taft Hartly pension plan can create a rainy day fund if it exceeds 100% funding and doesn't have to pay out bonus years. It's my understanding that the plans have to be conservate when it comes to defining funding levels. Unfortunately the only multiemployer Teamster Pension plan that is doing well is the Western Conference. Probably because the UPS part-timers are in it.