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Brown Cafe UPS Forum
UPS Union Issues
It’s about to get real here in 705!
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<blockquote data-quote="dudebro" data-source="post: 3799621" data-attributes="member: 11234"><p>It still returns 7%. Even if you'd retired in 2008, you wouldn't withdraw ALL the money. The market was back to 2007 level in 2009, and since 2003, counting the correction, it has averaged 11.25%.</p><p></p><p>Also, what makes you think a defined benefit pension plan puts the risk on the employer in the event of a correction? Ask the people who've had their pensions reduced how that works out.</p></blockquote><p></p>
[QUOTE="dudebro, post: 3799621, member: 11234"] It still returns 7%. Even if you'd retired in 2008, you wouldn't withdraw ALL the money. The market was back to 2007 level in 2009, and since 2003, counting the correction, it has averaged 11.25%. Also, what makes you think a defined benefit pension plan puts the risk on the employer in the event of a correction? Ask the people who've had their pensions reduced how that works out. [/QUOTE]
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