Life only Pension?

[What'dyabringmetoday???]

45 years....congrats and I mean it.

Now why aren't you relentlessly belittled for staying so long......? I mean, you are a failure....right?

You really aren't "belittled" as much as you say. I like reading your posts. But really- you say your 58? Grow a pair. It's the land-of-make-believe here.

 

[What'dyabringmetoday???]

That's almost 2 times the amount of time I worked there!

Hard to compute why anyone would do so but to each there own! Gotta Love Choices!

A lot of people work much longer than UPSers feel that they should have to. Not farmers of course. Lol.

 

[What'dyabringmetoday???]

Weird how it's different everywhere.
Here, its an inside job. Don't even need a license.

It is weird considering the amazing union. Lol.

 

[Wally]

You heard...
Not picking a fight , but I don't believe anybody knows how much money each fund will get. Not even Big Union Guy. And he knows EVERYTHING. Lol.

Future payments could be cut or reduced?

 

[What'dyabringmetoday???]

Future payments could be cut or reduced?

Nothing is certain with a pension fund is it? Other than the fact the Teamsters will mess it up. Lol.

 

[rod]

Central States I heard quoted will get over 50 billion by itself, covering around 400,000 members, active and retired out of the 86 billion allocated.

It will last till 2051or thirty years once the loans are given. The federal agency PBGC will be in control of those funds and will technically be running these pension trusts.

That is why these corporations are getting out of providing defined pensions, the PBGC charges insurance premiums on everybody participating in these plans. I expect that those premiums and other associated costs will go up considerably in order to sustain and prevent that agency from defaulting also.

The letter I got from Central States said 2051 "or possibly longer". 30 years from now I would be 103--I think I'm set for life now

 

[rod]

And still could pass the DOT physical? That's amazing.

All you have to do is fog a mirror to pass a DOT physical.

 

[oldngray]

All you have to do is fog a mirror to pass a DOT physical.

Once upon a time it was like that. Not now.

 

[rod]

Once upon a time it was like that. Not now.

What is different now other than all that big neck / sleep apnea crap?

 

[oldngray]

What is different now other than all that big neck / sleep apnea crap?

that and picky about a lot of other crap

 

[Wally]

What is different now other than all that big neck / sleep apnea crap?

They search for things that make you keep coming back for rechecks.

 

[rod]

They search for things that make you keep coming back for rechecks.

Doctors and Dentists are some of the worst money hungry bastards out there. There seems to always be some kind of follow up that needs to be done.

 

[Over70irregs]

Got a buddy who started driving at 21 and retired at 46, he's doing pretty good.

25 and out?

 

[Over70irregs]

He is.
Thing is, he hated the place more than all of us. They bird dogged him all the time. We all figured he would get out the first chance he could.
He has a great feeder run, probably knocks down $150K a year... I think he feels like he is sticking them now after all the times they boned him.

I knew a driver they harrassed when he was able to retire. He stayed longer on purpose to suck summer vacations down and pad his stock and pension.

 

[Jones]

25 and out?

yup

 

[PT Car Washer]

All you have to do is fog a mirror to pass a DOT physical.

Hearing gets me every time. Still pass at 65.

 

[Wally]

I knew a driver they harrassed when he was able to retire. He stayed longer on purpose to suck summer vacations down and pad his stock and pension.

I would call it "age racism".

 

[BrownFlush]

He was past 85.

It really is true...You ain't gonna take it with you....spend, spend, spend.

 

[Over70irregs]

Love long and burn that $ you sacrificed for.

 

[quad decade guy]

You really aren't "belittled" as much as you say. I like reading your posts. But really- you say your 58? Grow a pair. It's the land-of-make-believe here.

You don't know me.

And, I'll decide and how to think.

Make believe? Words have meaning.

I suspect my comments hit too close to home for you.

Now, review this whole thread. And there are SEVERAL high timers mentioned....none of the b.s. I have to wade through.