Central States - Voices for Pension Security - On Topic Please

[UpstateNYUPSer(Ret)]

In this contract.
When will that fade away?

Hopefully never.

Realistically—-2023.

 

[rod]

Nope. Eagles won the Super Bowl. Doesn’t suck at all....

It was a fluke---they got lucky

 

[Mugarolla]

I was told there will never be contract WITHOUT that language in it.

The VP of the local said this.

How about the Sec-Treas of the International?

KH said the exact same thing, that as long as he is here, so will the offset language in the contract.

 

[brownmonster]

UPS tried to do that in 1997 and the Teamsters had a conniption.

Asked management how their promised pension looks. It looks like a 401k.

 

[Old Man Jingles]

Asked management how their promised pension looks. It looks like a 401k.

Mine is looking pretty damn good.
6k a month.

I did not count on it but looking great.
And my health insurance is paid 100% with my 40 years of service.

How is yours looking?

 

[1989]

Mine is looking pretty damn good.
6k a month.

I did not count on it but looking great.
And my health insurance is paid 100% with my 40 years of service.

How is yours looking?

But it’s only funded in the mid 80% range.

 

[Old Man Jingles]

But it’s only funded in the mid 80% range.

That will last until I'm dead plus longer!

 

[1989]

That will last until I'm dead plus longer!

How do you know for sure?
6K a month? You were overpaid when you were working. Now, you are grossly overpaid.

 

[Old Man Jingles]

How do you know for sure?
6K a month? You were overpaid when you were working. Now, you are grossly overpaid.

For a Teamster? Yes you are correct.
My pension funds weren't used to finance Las Vegas casinos and other Mafia scams.
I relied on UPS, not the Teamsters, so I reap the benefits.

 

[oldngray]

For a Teamster? Yes you are correct.
My pension funds weren't used to finance Las Vegas casinos and other Mafia scams.
I relied on UPS, not the Teamsters so I reap the benefits.

They made money on those Vegas investments.

Maybe crime does pay.

 

[1989]

For a Teamster? Yes you are correct.
My pension funds weren't used to finance Las Vegas casinos and other Mafia scams.
I relied on UPS, not the Teamsters so I reap the benefits.

If it weren’t for the teamsters, your pay, benefits, and pension would be much smaller. And probably your ego....lol

 

[Old Man Jingles]

If it weren’t for the teamsters, your pay, benefits, and pension would be much smaller. And probably your ego....lol

Compensation - you are right and I thank the Teamsters for that.
Ego - not likely. I have always been a smart-assed punk!

 

[UnconTROLLed]

Mine is looking pretty damn good.
6k a month.

I did not count on it but looking great.
And my health insurance is paid 100% with my 40 years of service.

How is yours looking?

I'm shocked your pension is valued that low, honestly.

 

[Old Man Jingles]

I'm shocked your pension is valued that low, honestly.

I live modestly (based on my means) and I have yet to touch my investments in my 401k or my other investments. I actually make more in dividends annually than my pension so you might have a point.
I've been retired 5 years and my investments are 60% higher than when I retired.
It's important to make outside investments as pensions are becoming a thing of the past ... as well as Soc Sec most likely.

 

[UnconTROLLed]

I live modestly (based on my means) and I have yet to touch my investments in my 401k or my other investments. I actually make more in dividends annually than my pension so you might have a point.
I've been retired 5 years and my investments are 60% higher than when I retired.
It's important to make outside investments as pensions are becoming a thing of the past ... as well as Soc Sec most likely.

I've read some of your past posts and know you did quite well, the pension is fun money if that. I'm not trying to be insulting towards you at all, if it came across like that.

 

[1989]

I live modestly (based on my means) and I have yet to touch my investments in my 401k or my other investments. I actually make more in dividends annually than my pension so you might have a point.
I've been retired 5 years and my investments are 60% higher than when I retired.
It's important to make outside investments as pensions are becoming a thing of the past ... as well as Soc Sec most likely.

What? Social security is going to vanish?

 

[brownmonster]

Mine is looking pretty damn good.
6k a month.

I did not count on it but looking great.
And my health insurance is paid 100% with my 40 years of service.

How is yours looking?

Mine is good actually. I was talking about the newer supes with the new enhanced pension aka 401k. You got a lot of stock when the company grew with no real threat and now the newbies have to fight actual competition and they get squat. You were probably one of the people that said why worry about RPS.

 

[brown_trousers]

So it’s ok for your pension to succeed, but another’s to fail? How long do you think that will last?

Absolutely yes. Everyone recieved equal contributions to their pension plans, it was fair.

 

[Inthegame]

Absolutely yes. Everyone recieved equal contributions to their pension plans, it was fair.

That is inaccurate.

 

[brown_trousers]

That is inaccurate.

Its close enough