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UPS Discussions
UPS Plans to Cut Non-Driver Jobs to Mitigate Union Labor Costs
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<blockquote data-quote="MattM" data-source="post: 5718624" data-attributes="member: 53192"><p>Considering a 401k is all out of pocket and the pension pays anywhere from $9-$16/hr worked, I don’t see how the two are comparable in any sense of the word. </p><p></p><p>Rough estimates has my pension valued some 10-20 times higher than my 401k</p><p>My 401k is worth one year of what my annual pension distribution is worth </p><p></p><p>One would need to go beyond maxing out their 35% 401k to get within the realm of what a pension pays out.</p></blockquote><p></p>
[QUOTE="MattM, post: 5718624, member: 53192"] Considering a 401k is all out of pocket and the pension pays anywhere from $9-$16/hr worked, I don’t see how the two are comparable in any sense of the word. Rough estimates has my pension valued some 10-20 times higher than my 401k My 401k is worth one year of what my annual pension distribution is worth One would need to go beyond maxing out their 35% 401k to get within the realm of what a pension pays out. [/QUOTE]
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UPS Plans to Cut Non-Driver Jobs to Mitigate Union Labor Costs
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