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UPS Union Issues
Central States going broke---
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<blockquote data-quote="Inthegame" data-source="post: 4819595" data-attributes="member: 37112"><p>Hmmm... Yet in order for any pension plan to succeed the funds in the plan must earn enough in investment returns to pay the continuing liability, without depleting the investible principal. Each day the troubled plans are delayed help is a lost investment opportunity. And here's a little fun fact for the class...the CSPF has had investment returns over the last thirty years in the top 20% of all Pension Funds. The problems with the CSPF are unrelated to their investment managers and objectives.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 4819595, member: 37112"] Hmmm... Yet in order for any pension plan to succeed the funds in the plan must earn enough in investment returns to pay the continuing liability, without depleting the investible principal. Each day the troubled plans are delayed help is a lost investment opportunity. And here's a little fun fact for the class...the CSPF has had investment returns over the last thirty years in the top 20% of all Pension Funds. The problems with the CSPF are unrelated to their investment managers and objectives. [/QUOTE]
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