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Is the UPS Teamsters Pension like Gold?
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<blockquote data-quote="bacha29" data-source="post: 5950917" data-attributes="member: 58386"><p>There is a plan that has been floating DC for a number of years called Social Security 2100. A proposal that does NOT raise the retirement age but gradually raises the FICA tax over the course of several years.</p><p>Don't forget, Macron tried to raise the French retirement age and was met with riots in the streets.</p><p>Now you can toss out all the different scenarios when it comes to what age to retire but more often that not the deciding factor is the person's health. In addition albeit perhaps a bit less often is efforts by the employer to use every trick in the book and some that are not in order to force out older workers and replace them with younger and cheaper labor.</p><p></p><p>UPS pension gold? While no defined benefit pension plan is completely safe from unforeseen and unfavorable economic forces the UPS plan is among the best in terms of benefits paid. Can it weather a 2008 style collapse? Beneficiaries can only hope it will.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5950917, member: 58386"] There is a plan that has been floating DC for a number of years called Social Security 2100. A proposal that does NOT raise the retirement age but gradually raises the FICA tax over the course of several years. Don't forget, Macron tried to raise the French retirement age and was met with riots in the streets. Now you can toss out all the different scenarios when it comes to what age to retire but more often that not the deciding factor is the person's health. In addition albeit perhaps a bit less often is efforts by the employer to use every trick in the book and some that are not in order to force out older workers and replace them with younger and cheaper labor. UPS pension gold? While no defined benefit pension plan is completely safe from unforeseen and unfavorable economic forces the UPS plan is among the best in terms of benefits paid. Can it weather a 2008 style collapse? Beneficiaries can only hope it will. [/QUOTE]
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Is the UPS Teamsters Pension like Gold?
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