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Western conference fund %100 funded ?
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<blockquote data-quote="wkmac" data-source="post: 139604" data-attributes="member: 2189"><p>Pretender,</p><p>I agree with your points about the healthcare and living with a reduced pension and I can even handle the 57 age retirement. What I'd like to see is the complete elimination of the retirement work rules as they only relate to non-IBT employers. It's ironic that a UPS manager can work 30 years at UPS, retire on Friday and start work on Monday at FedEx in a similar management capacity and UPS only wants to know where to send the retirement check. A friend of mine who retired from mangement back in the spring is now working for a logistics company and loving it. You think UPS cares? Nope!</p><p> </p><p>Truly amazing that we remain so blind to things like this and then proudly sing in lock step, "we are the union, blah, blah, blah" Did the union ever once look at statistics that show people who remain active in retirement generally live a much healthier life meaning their healthcare costs remain a lesser burden over time? Oh yeah, they're (CS) banking on the other part that setintary people in retirement generally die much quicker but there is a cost side to that equation. It also should be factored that prior to that early death (some cases that doesn't happen) those same folks run up a huge healthcare bill trying to stay alive. Those other active retirees generally are in very advanced years once reality of life's termination sets in and instead of advanced invasive and costly treatments of life prolonging, they are given treatments designed to just make the inevitable as comfortable as possible which are less costly than the more invasive drugs. Also if someone retires at 55 and remains active, then by the time real problems set in, they will be on medicare's nickle anyway and CS is off the hook. </p><p> </p><p>Personally, I guess they will do whatever they do but I'm looking to either put my wife or kids or maybe both in business for themselves and if that happens I can tell you right now that I will do a lot of "unpaid volunteer work!" Now I'll also be the first to admit that I didn't see the retiree fairy who left me that brand new pickup truck and loaded out bass boat in the driveway so I have no way of explaining that!</p><p><img src="/community/styles/default/xenforo/smilies/group1/lol.gif" class="smilie" loading="lazy" alt=":lol:" title="Lol :lol:" data-shortname=":lol:" /> </p><p> </p><p>I'm not a razor edge knife in the draw but I'm sharper than them!</p><p><img src="/community/styles/default/xenforo/smilies/group1/wink.gif" class="smilie" loading="lazy" alt=":wink:" title="Wink :wink:" data-shortname=":wink:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 139604, member: 2189"] Pretender, I agree with your points about the healthcare and living with a reduced pension and I can even handle the 57 age retirement. What I'd like to see is the complete elimination of the retirement work rules as they only relate to non-IBT employers. It's ironic that a UPS manager can work 30 years at UPS, retire on Friday and start work on Monday at FedEx in a similar management capacity and UPS only wants to know where to send the retirement check. A friend of mine who retired from mangement back in the spring is now working for a logistics company and loving it. You think UPS cares? Nope! Truly amazing that we remain so blind to things like this and then proudly sing in lock step, "we are the union, blah, blah, blah" Did the union ever once look at statistics that show people who remain active in retirement generally live a much healthier life meaning their healthcare costs remain a lesser burden over time? Oh yeah, they're (CS) banking on the other part that setintary people in retirement generally die much quicker but there is a cost side to that equation. It also should be factored that prior to that early death (some cases that doesn't happen) those same folks run up a huge healthcare bill trying to stay alive. Those other active retirees generally are in very advanced years once reality of life's termination sets in and instead of advanced invasive and costly treatments of life prolonging, they are given treatments designed to just make the inevitable as comfortable as possible which are less costly than the more invasive drugs. Also if someone retires at 55 and remains active, then by the time real problems set in, they will be on medicare's nickle anyway and CS is off the hook. Personally, I guess they will do whatever they do but I'm looking to either put my wife or kids or maybe both in business for themselves and if that happens I can tell you right now that I will do a lot of "unpaid volunteer work!" Now I'll also be the first to admit that I didn't see the retiree fairy who left me that brand new pickup truck and loaded out bass boat in the driveway so I have no way of explaining that! :lol: I'm not a razor edge knife in the draw but I'm sharper than them! :wink: [/QUOTE]
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