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Message: <blockquote data-quote="Sissy Brown Short Shorts" data-source="post: 4581102" data-attributes="member: 67435"><p>Just like social security, I’m not expecting a pension either. I put 10% of my pay into my 401k that’s all I’m expecting to get at this point. UPS shouldn’t be forced to back bad union pensions. UPS hands wheel barrels of cash over to the union to fund our pension and the union takes that money and dumps it into others to fund them. It’s a giant Ponzi scheme. Pensions are bull in my opinion anyways and a drain on companies. Sure they made sense 60 years ago when you retired at 65 and were dead at 70. Now you can retire in your mid fifties at what 70%? And collect for 30-40 years. How in anyway is that sustainable? Live within your means and save your whole life and you’ll be just as set. Don’t buy that six bedroom house or extra corvette.</p></blockquote><p></p>