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Brown Cafe UPS Forum
UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
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<blockquote data-quote="badpas" data-source="post: 198145" data-attributes="member: 8876"><p><strong>Re: "Beyond Repair" . . . Really???</strong></p><p></p><p></p><p> </p><p>The retirees would still get paid even if its from cs. But if you are you talking about running out of money from the apwa's pension plan unless you are a young person, your money would have to be managed accordingly. The difference is with the amount of money ups puts into the fund per person it wouldn't take long for someone to have quite a nest egg, that is of course your planning on surviving on just your pension and nothing else. This is why its so hard to even talk about this around our mechanics when all they do is laugh every time this is brought up. My only point is there are other possibilities out there right under our noses that we could be taking advantage of and yet anyone who sees this that is not ups related, their first question is why, and how are you only getting this instead of that. Its not rocket science, with alittle help we should all be millionaires by the time we retire and not having to worry about union stuff at all.</p></blockquote><p></p>
[QUOTE="badpas, post: 198145, member: 8876"] [b]Re: "Beyond Repair" . . . Really???[/b] The retirees would still get paid even if its from cs. But if you are you talking about running out of money from the apwa's pension plan unless you are a young person, your money would have to be managed accordingly. The difference is with the amount of money ups puts into the fund per person it wouldn't take long for someone to have quite a nest egg, that is of course your planning on surviving on just your pension and nothing else. This is why its so hard to even talk about this around our mechanics when all they do is laugh every time this is brought up. My only point is there are other possibilities out there right under our noses that we could be taking advantage of and yet anyone who sees this that is not ups related, their first question is why, and how are you only getting this instead of that. Its not rocket science, with alittle help we should all be millionaires by the time we retire and not having to worry about union stuff at all. [/QUOTE]
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UPS offer on the Table for takeover of Central States fund !
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