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Brown Cafe UPS Forum
UPS Retirement Topics
May 10th Announcement .Pension
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<blockquote data-quote="area43" data-source="post: 192114" data-attributes="member: 4862"><p>Company run pension plains are going the way of the dinosaurs. Rather you like it or not. Companies like the fact of not having the weight of a big company pension fund wrapped around their neck. 401ks are it. They like the fact its all up to you. no economic strings attached on their part . It good for the worker because If you decided to quit, get fired,or the company goes out of bus., you still have your nest egg. Most all 401ks are transferable to you next job. Having said all that ,there is alot of blame to go around as to why the big company pension have gone down tubes.</p></blockquote><p></p>
[QUOTE="area43, post: 192114, member: 4862"] Company run pension plains are going the way of the dinosaurs. Rather you like it or not. Companies like the fact of not having the weight of a big company pension fund wrapped around their neck. 401ks are it. They like the fact its all up to you. no economic strings attached on their part . It good for the worker because If you decided to quit, get fired,or the company goes out of bus., you still have your nest egg. Most all 401ks are transferable to you next job. Having said all that ,there is alot of blame to go around as to why the big company pension have gone down tubes. [/QUOTE]
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May 10th Announcement .Pension
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