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Pension Discrepancy across country
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<blockquote data-quote="Inthegame" data-source="post: 1193952" data-attributes="member: 37112"><p>Now we have two administrators chiming in. Lots of factors determine benefit levels. Does your local administer H&W and Pension? Are the Trustees empowered to allocate contributions between Funds? If so is your H&W coverage superior thereby reducing allocations to Pension? Is there a retiree component built in funding to cover H&W post Medicare for pensioners? Does your plan allow the ridiculously expensive early outs? How about disability pensions? Are you green zone? Has your Pension taken Funding relief (after the debacle of 2008) under the PPA, thereby curtailing ability to improve benefits? And on, and on....</p><p>But instead just ignore all the pertinent issues and focus on the easy blame game...weak locals.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1193952, member: 37112"] Now we have two administrators chiming in. Lots of factors determine benefit levels. Does your local administer H&W and Pension? Are the Trustees empowered to allocate contributions between Funds? If so is your H&W coverage superior thereby reducing allocations to Pension? Is there a retiree component built in funding to cover H&W post Medicare for pensioners? Does your plan allow the ridiculously expensive early outs? How about disability pensions? Are you green zone? Has your Pension taken Funding relief (after the debacle of 2008) under the PPA, thereby curtailing ability to improve benefits? And on, and on.... But instead just ignore all the pertinent issues and focus on the easy blame game...weak locals. [/QUOTE]
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