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Why a 401(k) Will Yield You More Money Than a Pension
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<blockquote data-quote="DELACROIX" data-source="post: 5614453" data-attributes="member: 49065"><p>Another Company pipe dream…<strong>” a way to get out of paying into the Western’s pension plans. </strong>It is plausible that the (1997) attempt to take over all of our pensions was orchestrated by the Company taking advantage of the Central States underfunding. When Carey forced the Central trustee’s to raise our pension to 100 dollars a service year they found an opening.</p><p></p><p>Currently their monetary obligations are over<strong> $ 500 a week for every full timer and slightly less for a part timer. </strong></p><p><strong></strong></p><p><strong>Those plans will continue to grow even during a recession. </strong></p></blockquote><p></p>
[QUOTE="DELACROIX, post: 5614453, member: 49065"] Another Company pipe dream…[B]” a way to get out of paying into the Western’s pension plans. [/B]It is plausible that the (1997) attempt to take over all of our pensions was orchestrated by the Company taking advantage of the Central States underfunding. When Carey forced the Central trustee’s to raise our pension to 100 dollars a service year they found an opening. Currently their monetary obligations are over[B] $ 500 a week for every full timer and slightly less for a part timer. Those plans will continue to grow even during a recession. [/B] [/QUOTE]
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Why a 401(k) Will Yield You More Money Than a Pension
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