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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 3130887" data-attributes="member: 12570"><p>Nope.</p><p></p><p>18 and 29% respectively.</p><p></p><p>That will not change unless we have to revisit this.</p><p></p><p>I did ask our BA at the meeting how long it would be before we would see any improvements and he said that the cuts were based on a 30 year projection. We are currently at 44% funded. This would remain steady for a few years before dipping ever so slightly as more baby boomers retire. It will then slowly improve as we shed the orphans and old timers.</p><p></p><p>He said that if were not for the provisions for those over 75 and 80 that the cuts would have not have been nearly as deep as they make up nearly 1/3 of our current retirees.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 3130887, member: 12570"] Nope. 18 and 29% respectively. That will not change unless we have to revisit this. I did ask our BA at the meeting how long it would be before we would see any improvements and he said that the cuts were based on a 30 year projection. We are currently at 44% funded. This would remain steady for a few years before dipping ever so slightly as more baby boomers retire. It will then slowly improve as we shed the orphans and old timers. He said that if were not for the provisions for those over 75 and 80 that the cuts would have not have been nearly as deep as they make up nearly 1/3 of our current retirees. [/QUOTE]
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