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Brown Cafe UPS Forum
UPS Union Issues
Yet another pension collapse under H. This one at local 707.
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<blockquote data-quote="Lead Belly" data-source="post: 2122780" data-attributes="member: 56656"><p>Not to be a jerk Dave but for years you have been telling everyone how huge the payout was on your pension. Do you see that these astronomical monthly payments are unsustainable? I know you are the guy that loaded up on the 401K and I know you had a divorce but do you see if pensions were at payouts that were responsible even though people wouldn't like it it would be better for all. </p><p></p><p>In my case Ron Carey upped the pension across the board to at the time a very high monthly payment. He know that the orphans would drag the pension down but politically he did it to get reelected. </p><p></p><p>You have preached 401k's for years and being frugal. Hopefully people took that to heart.</p></blockquote><p></p>
[QUOTE="Lead Belly, post: 2122780, member: 56656"] Not to be a jerk Dave but for years you have been telling everyone how huge the payout was on your pension. Do you see that these astronomical monthly payments are unsustainable? I know you are the guy that loaded up on the 401K and I know you had a divorce but do you see if pensions were at payouts that were responsible even though people wouldn't like it it would be better for all. In my case Ron Carey upped the pension across the board to at the time a very high monthly payment. He know that the orphans would drag the pension down but politically he did it to get reelected. You have preached 401k's for years and being frugal. Hopefully people took that to heart. [/QUOTE]
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Yet another pension collapse under H. This one at local 707.
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