Oldfart
Well-Known Member
You just said each was a pension. You can whine and cry and call it what you want because that is all you know. Whine and bitch'
The Policies That Failed
- Thread starter Meat
- Start date
MrFedEx
Engorged Member
Are you so stupid that you don't know the meaning of quotation marks around "pension"? You are really that dumb...amazing.
Oldfart
Well-Known Member
You can call it charity, an annuity, welfare,EBT or whatever you want. All I know is that I have 2 different accounts that the company put 100% of the money into and I will be entitled to that money in less than 2 years. The traditional I will be taking monthly payments and the portable which I will most likely sit on and continue to draw the 4% APR until I decide that I need it as long as I have read the rules correct. You complain, which is expected from such a whiny bitch, that the traditional is an annuity. It is still money the company will give me upon retirement that I contributed nothing. I will take the 6 figure payment and laugh all the way to the bank. I suspect that you wont refuse to take your traditional pension in protest because it is an annuity. You dip shizt, once again, you have showed the extent of your anger. Why don't you go work with your buddy Ken?
Cactus
Just telling it like it is
Then why don't you just leave this forum? Maybe you'd be happier instead of acting miserable like you have been since late September.
Oldfart
Well-Known Member
Satisfied and content people need not join is your motto.
Only miserable people allowed. MFE,catcus,etc
Cactus
Just telling it like it is
Satisfied and content my ass. Then why are you here? Why avoid the issue?
Oldfart
Well-Known Member
What is the issue?
MrFedEx
Engorged Member
* Your PPA is not a pension. Fred likes to call it one, and I guess that's good enough for an idiot to believe that it is a true pension. *
The first "P" stands for portable, as when Fred fires you because he feels like it. The second "P" stands for pension, except it really isn't one, because it's really the third letter "A", which stands for annuity.
So, *. The Portable "pension" is a misnomer *. When Smith killed our real pension, he called the new annuity a "pension", hoping * employees wouldn't notice how badly they were being screwed, because the annuity is only worth about a quarter of the Traditional real pension.
*
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MrFedEx
Engorged Member
The issue is that you are clueless. The RLA, PPA etc. They're all just meaningless letters to you. You have no idea what you're talking about...ever.
Cactus
Just telling it like it is
Glad you asked, however we can't fix stupid. And you're the case in point.
Oldfart
Well-Known Member
Are you gonna turn down the portable payout when you retire? It is such a bad plan, how could possibly feel good about accepting that money.
Cactus
Just telling it like it is
Money? That's chicken feed. Let's not confuse the two.
Never understood why they couldn't let employees under the traditional stay in it until they got their 25 in, then put them in the portable, instead of forcing them in. We lost a lot, and guys like oldfart who got their 25 can't seem to grasp that.
Cactus
Just telling it like it is
Because Fred's too cheap.
Oldfart
Well-Known Member
6 figures is chicken feed? If MFE is finally telling the truth, he has told so many untruths, and has 30 years or more, he should be close to 6 figures when he retires. You can feed me that chicken feed all day. I will take a double helping.
Oldfart
Well-Known Member
Who are you? John Shaft?
