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Union Pension too dependent on brown?
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<blockquote data-quote="Sissy Brown Short Shorts" data-source="post: 5230775" data-attributes="member: 67435"><p>But there were are less companies now and UPS was having to pay more. Sounds like a bunch of commie gobbledygook if ya ask me. Each company should have its own pension based on what the company can provide to its workers. UPS makes enough to run its own and if smaller companies can’t provide enough to meet a certain threshold then with company and union input create agreements between different companies and the union to have multi employer pensions. At least in a perfect world. Problem is people live too long now, retire too early and drain the system for decades. Pensions were great when you retired at 62 and died at 68 now you retire at 25 years and if you started at 21 like me you can retire at 46 and collect a pension for 40 years or more. Longer than what you worked for in the first place. Not a good system anymore. Same problem with social security. Throwing more money at it won’t solve it, needs some serious reform but when you start talking about taking away money you got a lot of blowback so we’re just stuck in a spiraling problem. The plans were better back in the day but you only had people living off them for a couple of years.</p></blockquote><p></p>
[QUOTE="Sissy Brown Short Shorts, post: 5230775, member: 67435"] But there were are less companies now and UPS was having to pay more. Sounds like a bunch of commie gobbledygook if ya ask me. Each company should have its own pension based on what the company can provide to its workers. UPS makes enough to run its own and if smaller companies can’t provide enough to meet a certain threshold then with company and union input create agreements between different companies and the union to have multi employer pensions. At least in a perfect world. Problem is people live too long now, retire too early and drain the system for decades. Pensions were great when you retired at 62 and died at 68 now you retire at 25 years and if you started at 21 like me you can retire at 46 and collect a pension for 40 years or more. Longer than what you worked for in the first place. Not a good system anymore. Same problem with social security. Throwing more money at it won’t solve it, needs some serious reform but when you start talking about taking away money you got a lot of blowback so we’re just stuck in a spiraling problem. The plans were better back in the day but you only had people living off them for a couple of years. [/QUOTE]
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