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Brown Cafe UPS Forum
UPS Union Issues
Union retirees: Don't cut my pension --- Good Read
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<blockquote data-quote="Brownslave688" data-source="post: 1485168" data-attributes="member: 34439"><p>This is the problem</p><p>With pension. You shouldn't need more people putting in than taking out. The ones taking out should be pulling out their own money that's already in there and been there for years. </p><p></p><p>When you are taking from current contributors and giving to past contributors. That's called a </p><p>Ponzi scheme.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 1485168, member: 34439"] This is the problem With pension. You shouldn't need more people putting in than taking out. The ones taking out should be pulling out their own money that's already in there and been there for years. When you are taking from current contributors and giving to past contributors. That's called a Ponzi scheme. [/QUOTE]
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Union retirees: Don't cut my pension --- Good Read
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