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UPS Union Issues
Retiring with APWA
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<blockquote data-quote="3brownstars" data-source="post: 188421" data-attributes="member: 5829"><p>Well sir then please enlighten us all. Please tell us why Central States is in such bad shape. We have heard the excuse from the IBT that the returns in the market we're down so we lost money, then why aren't all the fund in trouble. If you look at how much money has been put into the fund, factor in the intrest from the track record of the markets, then deduct the payments to retirees, the money should be there. </p><p> </p><p>If we could only get access to the books and see what has been going on. The New York Times is trying to get these answers now but can't.</p><p> </p><p>Seriously, you can't be buying the line of BS fed to you by Central States, or maybe you like to be fed BS and chase it down with a glass of IBT Kool-Aid.</p></blockquote><p></p>
[QUOTE="3brownstars, post: 188421, member: 5829"] Well sir then please enlighten us all. Please tell us why Central States is in such bad shape. We have heard the excuse from the IBT that the returns in the market we're down so we lost money, then why aren't all the fund in trouble. If you look at how much money has been put into the fund, factor in the intrest from the track record of the markets, then deduct the payments to retirees, the money should be there. If we could only get access to the books and see what has been going on. The New York Times is trying to get these answers now but can't. Seriously, you can't be buying the line of BS fed to you by Central States, or maybe you like to be fed BS and chase it down with a glass of IBT Kool-Aid. [/QUOTE]
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