Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Trucker Clock" data-source="post: 5678432" data-attributes="member: 70932"><p>Yep. We got 30 and out at $3K in 1997. A figure that Central States could not really afford from what they were taking in, or what they took in for those that retired at the $3K.</p><p></p><p>Remember, a pension should never be based on current contributions to pay retirees. That is when a pension gets into trouble.</p><p></p><p></p><p></p><p>That was another part of it, along with subpar investment returns for one reason or another.</p></blockquote><p></p>
[QUOTE="Trucker Clock, post: 5678432, member: 70932"] Yep. We got 30 and out at $3K in 1997. A figure that Central States could not really afford from what they were taking in, or what they took in for those that retired at the $3K. Remember, a pension should never be based on current contributions to pay retirees. That is when a pension gets into trouble. That was another part of it, along with subpar investment returns for one reason or another. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
The New Contract And Future Pension Contributions: Are We Ok. Or Are We Robbing Peter To Pay Paul?
Top
