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Brown Cafe UPS Forum
UPS Retirement Topics
YRCW bankruptcy impact on UPS employee pensions
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<blockquote data-quote="Highwayman" data-source="post: 659849" data-attributes="member: 14480"><p>I believe that Galveston Tx. allowed some of their employees to opt out of the government system years ago. For the most part they are all well off. It is true that some people are bad with money. Why should that hurt me? I put some in stock(UPS),some in 401k,and some in a Roth IRA. Yes investments took a beating from the recession, but this isn't the first or last recession we will have. Look at the investment graph of any mutual fund that has been around for more than 10 years. It looks like a saw blade with ups and downs but always trending upwards. If every thing works out I will get a pension and maybe Social Security. </p><p>Plan then act!<img src="/community/styles/default/xenforo/smilies/FeltTip/greedy.png" class="smilie" loading="lazy" alt=":greedy:" title="Greedy :greedy:" data-shortname=":greedy:" /></p></blockquote><p></p>
[QUOTE="Highwayman, post: 659849, member: 14480"] I believe that Galveston Tx. allowed some of their employees to opt out of the government system years ago. For the most part they are all well off. It is true that some people are bad with money. Why should that hurt me? I put some in stock(UPS),some in 401k,and some in a Roth IRA. Yes investments took a beating from the recession, but this isn't the first or last recession we will have. Look at the investment graph of any mutual fund that has been around for more than 10 years. It looks like a saw blade with ups and downs but always trending upwards. If every thing works out I will get a pension and maybe Social Security. Plan then act!:greedy: [/QUOTE]
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YRCW bankruptcy impact on UPS employee pensions
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