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Brown Cafe UPS Forum
UPS Discussions
Pensions cuts
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<blockquote data-quote="tieguy" data-source="post: 744559" data-attributes="member: 1912"><p>I think part of the problem is many pension plans have over committed when times are good with 25 and outs and super bonuses. They then get hurt the first time the market turns sour and have to cut benifits. </p><p> </p><p>I also have to wonder if declining membership is calculated in the equation. </p><p>In any case the partys over and the new laws are forcing pension plans to do a better overall job.</p></blockquote><p></p>
[QUOTE="tieguy, post: 744559, member: 1912"] I think part of the problem is many pension plans have over committed when times are good with 25 and outs and super bonuses. They then get hurt the first time the market turns sour and have to cut benifits. I also have to wonder if declining membership is calculated in the equation. In any case the partys over and the new laws are forcing pension plans to do a better overall job. [/QUOTE]
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