Central States going broke---

[DELACROIX]

The company would not have had "control". Not sure how it is where you're at but the trustees here are both union and company. Who is better at taking care of money incidentally? I'm going with UPS. The beloved Teamsters only find ways to SPEND....lol.

You are correct..UPS is good at taking care of (their) money...

 

[Big Rigger]

UPS needs to cut the pay of all pt sups. Divert that money into our pensions.

Or give them full time hours and leave the pay the same.

 

[Big Rigger]

Bernie Sanders is going to fix everything. He was the only candidate in 2016 talking about pension reform.

And free college tuition.

 

[Big Rigger]

Unless you retired prior to 2008, your pension with the UPS/IBT fund is secure.



From who ?



From the members ?

That would have to be voted on.




I'm guessing....

You don't understand how Pension plans work ?

Well the Butch Lewis act didn't work out so maybe go to plan B...

again?

 

[542thruNthru]

Well the Butch Lewis act didn't work out so maybe go to plan B...
View attachment 325182
again?

Was the butch lewis act supposed to fix pensions over night? Didn't it only get passed in mid 2019? Then we had a pandemic.

 

[542thruNthru]

@Bubblehead I'm not trying to talk trash. As I've said before pensions are not my strong point. Was the butch lewis act supposed to change things that quick?

 

[Big Rigger]

Was the butch lewis act supposed to fix pensions over night? Didn't it only get passed in mid 2019? Then we had a pandemic.

It did not get passed.

 

[Big Rigger]

@Bubblehead I'm not trying to talk trash. As I've said before pensions are not my strong point. Was the butch lewis act supposed to change things that quick?

It has been on the table for a handful of years. Anything would help the abyss. Nothing got done the last five years.

 

[Inthegame]

The Butch Lewis Act passed the Democrat majority House in 2019 and has languished in the Republican run Senate.

Had a friend who was convinced by others that Mitch McConnell would pass the Butch Lewis Act because it included relief for coal miners as their pension plans are also struggling.

Instead McConnell carved out and passed a separate bill exclusively for coal miners many of whom happen to live (and vote) in Kentucky.

And yet some Teamsters still support these guys.

 

[542thruNthru]

It did not get passed.

Um.. I could have sworn it passed. Sorry

 

[IVE GOTTA PACKAGE 4U]

Um.. I could have sworn it passed. Sorry

It passed the house not the Senate

 

[Brown echo]

Just got an Email from Central States stating that there are only 48 more months left before my pension plan goes broke. To be honest that is longer than I expected so I will take it as good news.

Thanks to Hoffa republicans block helping with the pension, from 2021 to 2025 Hoffa will still make $350,000 a year

 

[nWo]

So do all retires just get thrown in a homeless shelter?

 

[rod]

So do all retires just get thrown in a homeless shelter?

Not if you planned ahead, lived within your means and saved/invested. Life can still be good.

 

[IVE GOTTA PACKAGE 4U]

Not if you planned ahead, lived within your means and saved/invested. Life can still be good.

Nobody wants to hear that crap

 

[What'dyabringmetoday???]

You are correct..UPS is good at taking care of (their) money...

Ok.

 

[nWo]

What about the guys who worked at UPS ft for 35 years and are own their 7th home refinance? Bought the house in 88 for $75,000. Owe $189,000 on it now. What about those guys?

 

[IVE GOTTA PACKAGE 4U]

What about the guys who worked at UPS ft for 35 years and are own their 7th home refinance? Bought the house in 88 for $75,000. Owe $189,000 on it now. What about those guys?

Everyone has to take a little personal responsibility for themselves

 

[What'dyabringmetoday???]

Everyone has to take a little personal responsibility for themselves

That's why you have a union. Lol.

 

[IVE GOTTA PACKAGE 4U]

That's why you have a union. Lol.

If you think somebody else is always take care of you then you're sadly mistaken