Pension calculator updated?

[Family]

Any Central States employees test the calculator to see if it has the new additions to monthly payouts?

 

[upschuck]

Any Central States employees test the calculator to see if it has the new additions to monthly payouts?

It took a while, last contract. Wouldn't expect it anytime soon.

 

[I have NOT been lurking]

@542thruNthru
@Just A UPS Guy
@Wally

 

[Red Headed Stranger]

Since the pension calculator runs over a month behind on actual hours worked, I think it may be a couple months before they factor in the new pension rate for Central.

 

[IVE GOTTA PACKAGE 4U]

Any Central States employees test the calculator to see if it has the new additions to monthly payouts?

I thought it wasn't supposed to be in effect till January of next year

 

[BobJ]

Haven't been able to get that calculator to work for years.

Just wait for the annual report.

 

[pkgdriver]

Haven't been able to get that calculator to work for years.

Just wait for the annual report.

My calculator has worked for many years. It has been real close on the pension numbers of retirees in my center. Mine was spot on.

 

[Zowert]

Your avatar is disgusting.

 

[Family]

Your avatar is disgusting.

Ich bin ein Berliner

 

[Wally]

The calculator should project future losses with future contributions being diverted from our pensions and into the welfare central. Call it the O'Brien Effect.

 

[Family]

The calculator should project future losses with future contributions being diverted from our pensions and into the welfare central. Call it the O'Brien Effect.

Using your logic, how about the more productive you are, the more money is put in your pension. You can either retire early or have a higher monthly payout based on performance.

 

[Wally]

Using your logic, how about the more productive you are, the more money is put in your pension. You can either retire early or have a higher monthly payout based on performance.

Production as a whole made for record profits which funds our benefits.

My logic views the pension contributions as a pie. You slice up the pie, big or small, equally among all the pension funds.

 

[Karma...]

communism in all its glory...the lawn mower effect......cut the stand-outs to the level of the masses......its the tyranny of the proletarians....ayn rand is spot on and reviled for it.

 

[Family]

Or something like that.

 

[Trucker Clock]

My logic views the pension contributions as a pie. You slice up the pie, big or small, equally among all the pension funds.

Fair enough.

The total pension contributions are a pie, not just contribution increases. The pension contributions should be split equally among pension funds.

That means we need to reduce your $14/hr contribution rate in order to increase the New England $11.15/hr contribution rate. And we need to reduce yours even more so that every pension fund has the same contribution rate.

It should probably average out to about a $12 pension contribution to every fund, to make it fair. So, we need to reduce your contribution rate by $2/hr.

I mean, it's fair, isn't it? Then all contributions will be equal among all pension funds. Nobody will get any more, or any less, than anyone else. That's what you want, right?

 

[Wally]

I rather those getting more be reduced to make all equal.

 

[Trucker Clock]

I rather those getting more be reduced to make all equal.

OK. So you’re willing to give up at least $2/hr in pension contributions so that everybody is equal? I agree. Everybody’s pension contributions should be equal.

 

[BobJ]

So a retiree living in MA with a $3400 mortgage should have the same pension as a WV resident with a $800 mortgage...

The central states have a lower pension because the cost of living is lower than coastal states.

 

[I have NOT been lurking]

So a retiree living in MA with a $3400 mortgage should have the same pension as a WV resident with a $800 mortgage...

The central states have a lower pension because the cost of living is lower than coastal states.

Yes

 

[Wally]

OK. So you’re willing to give up at least $2/hr in pension contributions so that everybody is equal? I agree. Everybody’s pension contributions should be equal.

Only the Sean of Sherwood's special locals will be reduced as the contributions will be made equal.