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UPS Discussions
The Future of your Pension
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 811921" data-attributes="member: 12570"><p>Pensions are guaranteed by the government but the amount is a mere fraction of what you have earned. </p><p> </p><p>My pension (NYS Teasters) is in critical status and our split raises through the end of this contract are being diverted to the pension. I feel confident that these actions and more prudent investment decisions by the pension fund managers will ensure a secure retirement. I will also have a healthy 401k balance and plan on using Social Security as my fun money.</p><p> </p><p>The OP has 15 years in with at least 15 more to receive a full pension. I suggest, if you haven't already done so, looking in to and funding other retirement options (401k).</p><p> </p><p>If all this fails, I hear Walmart has a surplus of blue vests and is always looking for greeters.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 811921, member: 12570"] Pensions are guaranteed by the government but the amount is a mere fraction of what you have earned. My pension (NYS Teasters) is in critical status and our split raises through the end of this contract are being diverted to the pension. I feel confident that these actions and more prudent investment decisions by the pension fund managers will ensure a secure retirement. I will also have a healthy 401k balance and plan on using Social Security as my fun money. The OP has 15 years in with at least 15 more to receive a full pension. I suggest, if you haven't already done so, looking in to and funding other retirement options (401k). If all this fails, I hear Walmart has a surplus of blue vests and is always looking for greeters. [/QUOTE]
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