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Mechanics vs Teamster vs Mgmnt Pensions
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<blockquote data-quote="brownmonster" data-source="post: 179573" data-attributes="member: 298"><p>Teamster pensions were mainly trucking companies and now those trucking companies are either out of business or non-union. Mechanics union is probably alot younger and not as many retirees as opposed to workers. Check the details. Poorly managed or not these funds dry up eventually because the ratio of retired to workers changes. Not a sustainable system.</p></blockquote><p></p>
[QUOTE="brownmonster, post: 179573, member: 298"] Teamster pensions were mainly trucking companies and now those trucking companies are either out of business or non-union. Mechanics union is probably alot younger and not as many retirees as opposed to workers. Check the details. Poorly managed or not these funds dry up eventually because the ratio of retired to workers changes. Not a sustainable system. [/QUOTE]
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