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Brown Cafe UPS Forum
UPS Discussions
Pensions everywhere need to be alert.
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<blockquote data-quote="ManInBrown" data-source="post: 5448148" data-attributes="member: 46614"><p>Not only open for negotiation, but how would a 401k match ever be anywhere near equal to what we get as a pension? Ours is being bumped to $5050 per month Jan 1. I do 14% Roth. Are they matching the entire 14%? It doesn’t add up, I don’t see how it would ever equate to a pension. And they could never do it for current Employees. It would have to only be future employees. Hard no for me. There’s a reason I put so much in the 401k. Because I want to be super comfortable in retirement. id love to have that extra $300-$350 per week, but I know it’s going to pay off in retirement.</p></blockquote><p></p>
[QUOTE="ManInBrown, post: 5448148, member: 46614"] Not only open for negotiation, but how would a 401k match ever be anywhere near equal to what we get as a pension? Ours is being bumped to $5050 per month Jan 1. I do 14% Roth. Are they matching the entire 14%? It doesn’t add up, I don’t see how it would ever equate to a pension. And they could never do it for current Employees. It would have to only be future employees. Hard no for me. There’s a reason I put so much in the 401k. Because I want to be super comfortable in retirement. id love to have that extra $300-$350 per week, but I know it’s going to pay off in retirement. [/QUOTE]
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