1989
Well-Known Member
Tieguy-
Great job of completely missing my point!
"our" company just up and closed the thrift plan,
"our" company just up and changed the MIP as well as some management pension issues,
It seems "our" company can just up and change what they want, when they want.
I'm sorry if I confused you but, once again, my point was:
How/why should we trust the company to assume control of the pension and then not up and change something to their (the company) benefit?
Please try to address my question this time.
Did they take your money when they closed the
thrift plan? I don't think they did...No they gave you options to reinvest your money or the option to withdrawal your money. The pension problems wasn't caused by UPS. Why should the company fix the pension and let the same incompetent people continue to run the fund into the ground. I, for one, am glad that 10 or 15 percent of my pension is coming out of the management pension fund.