central state pension
- Thread starter burco8080
- Start date
BigUnionGuy
Got the T-Shirt
I saw it.... so what.
All you will ever hear from me, is a "snort of derision" and laughter again.... at the sheer ignorance.
Diversified what ? Their investments ?
You do realize, Central States Funds doesn't do any of the investing ? Most major pensions hire firms
like say Goldman-Sachs.... to manage billions of dollars.
Can you imagine the Trustee's of the Fund (which is made up of Teamster and flunky management) being
able to do that ? The 50's and 60's are over. Big news break.
As you, I, @Thebrownblob, and numerous others have pointed out.
Not to mention.... for every dollar being contributed, 4 are being withdrawn.
That's the problem.
We all know your thoughts on that. Just like your wish.... that members that live in area's with lower cost
of living, shouldn't be paid as much. That's some brotherly Union love right there my friend.
@Wally.... stick with what you do best. It entertains us.
I blame @rod for milking that pension for 50 yearsI saw it.... so what.
All you will ever hear from me, is a "snort of derision" and laughter again.... at the sheer ignorance.
Diversified what ? Their investments ?
You do realize, Central States Funds doesn't do any of the investing ? Most major pensions hire firms
like say Goldman-Sachs.... to manage billions of dollars.
Can you imagine the Trustee's of the Fund (which is made up of Teamster and flunky management) being
able to do that ? The 50's and 60's are over. Big news break.
As you, I, @Thebrownblob, and numerous others have pointed out.
Not to mention.... for every dollar being contributed, 4 are being withdrawn.
That's the problem.
We all know your thoughts on that. Just like your wish.... that members that live in area's with lower cost
of living, shouldn't be paid as much. That's some brotherly Union love right there my friend.
@Wally.... stick with what you do best. It entertains us.
BigUnionGuy
Got the T-Shirt
Sad to say.... that's a reality.
These funds were never set up to sustain people living that long....
Thebrownblob
Well-Known Member
I’ll have another double cheeseburger to help fund out!
rod
Retired 23 years
You're welcome.
rod
Retired 23 years
And 3 of those 4 are going to me--thank you.Not to mention.... for every dollar being contributed, 4 are being withdrawn.
That's the problem.
Just like social security
rod
Retired 23 years
I'm sucking that dry also.
542thruNthru
Well-Known Member
No, you can't make me!
What'dyabringmetoday???
Well-Known Member
It appears that you have it all figured out. Thanks for the insight.I saw it.... so what.
All you will ever hear from me, is a "snort of derision" and laughter again.... at the sheer ignorance.
Diversified what ? Their investments ?
You do realize, Central States Funds doesn't do any of the investing ? Most major pensions hire firms
like say Goldman-Sachs.... to manage billions of dollars.
Can you imagine the Trustee's of the Fund (which is made up of Teamster and flunky management) being
able to do that ? The 50's and 60's are over. Big news break.
As you, I, @Thebrownblob, and numerous others have pointed out.
Not to mention.... for every dollar being contributed, 4 are being withdrawn.
That's the problem.
We all know your thoughts on that. Just like your wish.... that members that live in area's with lower cost
of living, shouldn't be paid as much. That's some brotherly Union love right there my friend.
@Wally.... stick with what you do best. It entertains us.
34yearpackagehumper
Well-Known Member
What a blessing your fund is increasing pensions ! I don't see that happening in central states .
542thruNthru
Well-Known Member
It just happened.
Well it happened for people that are currently working
542thruNthru
Well-Known Member
Turdferguson
Just a turd
Where else would you put your egg?I'm just saying. You don't put all your egg in one basket and then blame others when it gets knocked over.
Concentrating on one craft is short sighted laziness.
WCTP was established 1955. I wonder how they survived deregulation.
Should you put part of a egg in one basket and another part of the egg in a second basket?
Are these baskets leak proof? Because if they aren't your egg will just ooze out the basket , and you'll have egg everywhere.
It just doesn't make any sense to put one egg in multiple baskets
Exactly
542thruNthru
Well-Known Member
I hate you so much. I hope your mustache gets caught in a mouse trap!
Probably in his supervisors zipper
