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Brown Cafe UPS Forum
UPS Retirement Topics
Pension in Jeopardy
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<blockquote data-quote="949 everyday" data-source="post: 86406"><p>forget about the pension. if you ever see it consider yourself lucky. treat it as a bonus. if you have grand illusions of retiring with a pension anything like what the current retirees in places like upstate ny get, you're setting yourself up for disappointment. the only thing you can control is how much you put in the 401k. Imagine how much better off a 30 year retiree would be today in the central states if all along his/her money was invested in a 401k or similiar plan. also, when you and your mouse die, you can leave it to your grandkids. My idea is forget the pension and forget the benies just pay me all of the money ups is giving the teamsters and ill take it from there.</p></blockquote><p></p>
[QUOTE="949 everyday, post: 86406"] forget about the pension. if you ever see it consider yourself lucky. treat it as a bonus. if you have grand illusions of retiring with a pension anything like what the current retirees in places like upstate ny get, you're setting yourself up for disappointment. the only thing you can control is how much you put in the 401k. Imagine how much better off a 30 year retiree would be today in the central states if all along his/her money was invested in a 401k or similiar plan. also, when you and your mouse die, you can leave it to your grandkids. My idea is forget the pension and forget the benies just pay me all of the money ups is giving the teamsters and ill take it from there. [/QUOTE]
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Pension in Jeopardy
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