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Brown Cafe UPS Forum
UPS Retirement Topics
Pension security
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<blockquote data-quote="ski or die" data-source="post: 4128845" data-attributes="member: 52818"><p>Our pension is substantial lower than several other locals. But the positive side is it is less likely to reach critical status. I would rather receive the lower amount for life than have it cut by 2/3rds by the government because of to much being paid out of the pension. Just have to budget properly and live within your means. Our local is currently 92% funded. I have been retired 21 years and with our well funded pension, it should last until I kick the bucket. Bailed at 49, still young enough to enjoy life and family.</p></blockquote><p></p>
[QUOTE="ski or die, post: 4128845, member: 52818"] Our pension is substantial lower than several other locals. But the positive side is it is less likely to reach critical status. I would rather receive the lower amount for life than have it cut by 2/3rds by the government because of to much being paid out of the pension. Just have to budget properly and live within your means. Our local is currently 92% funded. I have been retired 21 years and with our well funded pension, it should last until I kick the bucket. Bailed at 49, still young enough to enjoy life and family. [/QUOTE]
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