Jkloc420
Do you need an air compressor or tire gauge
People being lazy and white
Pension changes?
- Thread starter UPS1907
- Start date
UnionStrong
Sorry, but I don’t care anymore.
I read that. It’s gonna affect anyone hired after January 2009. Also all future contracts. All the funds better get their acts together.
That's the only saving Grace for me is that I have a fair amount of pension credits pre 2009. They don't have any age penalties
But unfortunately everything after that date I get penalized
oldngray
nowhere special
Where is the sweet spot? The people who retired before 2008 were the ones who really got screwed. Are they going to only penalize new retirees or going to make it retroactive? Most of my credits were pre 2009 but I do have a little after and never heard anything about any new penalties.
UnionStrong
Sorry, but I don’t care anymore.
Probably the new ones will be screwed
That was part of the pension reform act.
I guess every plan is different but they had to come up with a plan to make the fund more viable.
Every fund is so different.
That's why I tell these young guys to build up your 401k
UnionStrong
Sorry, but I don’t care anymore.
If O’Brien screws us, he better never go back to Boston.
Thebrownblob
Well-Known Member
“Among the rank-and-file, there is also immense skepticism and distrust against O’Brien and the new administration. “The honeymoon is over,” as one delivery driver told the WSWS.”
One driver=immense? O’Brien hasn’t even been in office a year. I can’t take world socialist website too serious.
One driver=immense? O’Brien hasn’t even been in office a year. I can’t take world socialist website too serious.
UnionStrong
Sorry, but I don’t care anymore.
I thought the same thing, consider the source.“Among the rank-and-file, there is also immense skepticism and distrust against O’Brien and the new administration. “The honeymoon is over,” as one delivery driver told the WSWS.”
One driver=immense? O’Brien hasn’t even been in office a year. I can’t take world socialist website too serious.
ManInBrown
Well-Known Member
Bingo. So many put nothing in the 401k. They say what do I need a 401k for. We get a pension. Lolz. I’m gonna make much more in retirement than I do working. Roth+SS which I pray the US govt doesn’t screw us and eliminate it+pension.
I see no way the govt can eliminate SS. It will be total anarchy. People will go ballastic. So lemme get this straight, I put all that money in the fund yearly for my entire working career and your friend ‘n me?
It's a socialist program
Never get back out what you put in
Trucker Clock
Well-Known Member
The article said affecting only those "hired" after 2009. You should be fine.
The rehabilitation plan applies only to workers hired after January 1, 2009, effectively creating a two-tier benefit structure.
Wally
BrownCafe Innovator & King of Puns
Had decades to act like it was in trouble, did zero, gets someone's else's money anyway.
PT Car Washer
Well-Known Member
They voted to increase the monthly Pension payout.
Wally
BrownCafe Innovator & King of Puns
I know when you need to be conserving assets, spending more is not prudent.
You don't know me
New Member
This is BS
Sixty percent cut in benefits floated for Teamsters’ New England pension fund
The proposal to slash benefits exposes the real agenda in the upcoming contract talks at UPS. The company and the union bureaucrats are preparing to force through significant concessions down workers’ throats.www.wsws.org
You don't know me
New Member
Read "the article"? The article is from a socialist website, not the pension fund. Or even The Teamsters.
Hofficer Hater
Well-Known Member
The letter is in the New England Pension website and members began getting them in the mail last week.
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