Central State Pension Crisis

[Mack37]

Isn't the Central States 25 and out for a pension? So an 18 years old can work 25 years and retire and start collecting at 43? That might be the problem.

We have PEER 80 in the Western.

All the old teamsters covered under central states I used to work with “retired” from the teamsters years ago but had to wait until they were in their sixties before they could start collecting. Maybe it’s different everywhere?

 

[Turdferguson]

You ignorance is profound!

Everyone's is, that's why we are always learning things no matter how old we get. There are far more things we don't know, than do

 

[KingofFluff]

Everyone's is, that's why we are always learning things no matter how old we get. There are far more things we don't know, than do

 

[Turdferguson]

View attachment 261901

That was some profound wasn't it

 

[Zowert]

Eliminate pensions for anyone currently working unless you have less than 5 years before retirement.
Boomers built this country into what it is.
Gen X and Millennials deserve nothing.

Boomers are responsible for trillions of dollars worth of public debt.

 

[Jkloc420]

This thread was dead, until i bought it back to life

 

[BigUnionGuy]

This thread was dead, until i bought it back to life

What was the point ?

 

[Jkloc420]

What was the point ?

there was no point, ask the people who posted

 

[Maple Grove MN Driver]

Boomers are responsible for trillions of dollars worth of public debt.

To provide all the Entitlements Millennials want Boomers had to go into debt.
Millennials will destroy the United States as we know it.

 

[Maple Grove MN Driver]

What was the point ?

To show corruption within the Union and their pension funds.

 

[I have been lurking]

To provide all the Entitlements Millennials want Boomers had to go into debt.
Millennials will destroy the United States as we know it.

Was it millennials that passed the 1965 immigration act?

 

[Maple Grove MN Driver]

Was it millennials that passed the 1965 immigration act?

Do you have a relevant point?

 

[rod]

All the old teamsters covered under central states I used to work with “retired” from the teamsters years ago but had to wait until they were in their sixties before they could start collecting. Maybe it’s different everywhere?

I retired from CS at 53. Been collecting a pension since then. I've never heard of any CS retiree having to wait until they were in there 60's to collect. Must be something you voted yes for in the last few of contracts.

 

[Mack37]

I retired from CS at 53. Been collecting a pension since then. I've never heard of any CS retiree having to wait until they were in there 60's to collect. Must be something you voted yes for in the last few of contracts.

I went ahead and looked it up, per central states:

“Normal retirement age is 65, however, you may be able to draw your pension benefit at a reduced amount as early as age of 57.”

 

[rod]

I went ahead and looked it up, per central states:

“Normal retirement age is 65, however, you may be able to draw your pension benefit at a reduced amount as early as age of 57.”

Yep---that's language form a recent contract. We would have voted that crap down.

 

[rod]

I went ahead and looked it up, per central states:

“Normal retirement age is 65, however, you may be able to draw your pension benefit at a reduced amount as early as age of 57.”

And no way is the "normal" retirement age 65 unless everyone has REALLY become brain dead lately. Why the hell would you work to 65 if you didn't need too?

 

[burrheadd]

I went ahead and looked it up, per central states:

“Normal retirement age is 65, however, you may be able to draw your pension benefit at a reduced amount as early as age of 57.”

I started drawing my central states pension at 55

 

[MyTripisCut]

I started drawing my central states pension at 55

That’s why they bankrupt you greedy old bastid.....

 

[rod]

That’s why they bankrupt you greedy old bastid.....

Remember what I posted a few days ago about looking out for number ONE? I got (and am still getting ) mine.

 

[.......]

Eliminate pensions for anyone currently working unless you have less than 5 years before retirement.
Boomers built this country into what it is.
Gen X and Millennials deserve nothing.

Shouldn't you be whining about the mid engine Corvette instead of replying here?