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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="brett636" data-source="post: 198246" data-attributes="member: 249"><p><strong>Re: "Beyond Repair" . . . Really???</strong></p><p></p><p></p><p> </p><p>When its said a pension fund is 100% funded it means all those vested in the plan could retire TODAY and continue to be paid just by the plans growth. So if the company were to go bankrupt and close its doors, assuming the fund is 100% all we would need is someone to manage what UPS left behind. This is all in theory of course.</p></blockquote><p></p>
[QUOTE="brett636, post: 198246, member: 249"] [b]Re: "Beyond Repair" . . . Really???[/b] When its said a pension fund is 100% funded it means all those vested in the plan could retire TODAY and continue to be paid just by the plans growth. So if the company were to go bankrupt and close its doors, assuming the fund is 100% all we would need is someone to manage what UPS left behind. This is all in theory of course. [/QUOTE]
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UPS Retirement Topics
UPS offer on the Table for takeover of Central States fund !
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