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<blockquote data-quote="area43" data-source="post: 254418" data-attributes="member: 4862">804,&nbsp; Well there you have it.&nbsp; 804, you want more money.&nbsp; A better life. Pension and Health.&nbsp; Start putting your app into one of those jobs listed.&nbsp; One other thing tell me in details about your Sep Plan.&nbsp; I have a few questions that maybe you can answer.&nbsp; It appears by the way you describe your Sep that it is pure Hell.&nbsp; First question.&nbsp; Did UPS stop or decrease its weekly pension contributions into the Sep?&nbsp; I assume it was a joint board making the decisions on where the(UPS) monies were invested.&nbsp; Example 5 Teamsters and 5 Company UPSer&#039;s.&nbsp; When was the Sep formed?&nbsp; Why is it in trouble?&nbsp; Bad investments, perphaps.&nbsp; If it was bad investments.&nbsp; Who should be responsible?&nbsp;&nbsp; UPS/Teamsters.&nbsp; I have to ask you this.&nbsp; In the Cs Mep.&nbsp; Who was responsible for its failure?&nbsp; It had a Teamsters/UPS board that directed the&nbsp; pension monies to a particular firm that handled all investments.&nbsp;&nbsp; Shouldn&#039;t they, the investment firm be held accountable?&nbsp; Why not?&nbsp; Or maybe the economy in general should be accountable?&nbsp; How about those banks that gave out all those bad housing loans?&nbsp; Why not go after them?&nbsp; Come on, Lets use some common sense here folks.&nbsp; Pension, Its not a sure thing.&nbsp; It will change as the market changes. &nbsp;Its funny how everyone thats against this contract wants to attack UPS on the billions it makes.&nbsp; Well, let me ask you this.&nbsp; Do you have a Teamster UPS 401k?&nbsp; Don&#039;t you like how its gone up ?&nbsp;&nbsp; Companies are making billions.&nbsp; Thats GREAT NEWS.&nbsp; Not Bad News.&nbsp; More money in your pocket.&nbsp; More money in your Sep and Mep.&nbsp; Hey, but wait.&nbsp; Those companies on wall street are all Evil.&nbsp; LOL&nbsp; &nbsp;804, not to give you a hard time.&nbsp; LOL&nbsp; Why don&#039;t you go after the investment firm?&nbsp; Im sure that is where the Teamsters and UPS gives your monies too to be invested.&nbsp; Im in the Teamsters/UPS 401k.&nbsp;&nbsp; Citigroup, I believe handles my investments.&nbsp; Should I go after them?&nbsp; Or do I blame myself?&nbsp;&nbsp; &nbsp;To sum it all up.&nbsp; Its the market that may very well be the blame for your defunct plan.&nbsp; Nasdaq and Wall Street.&nbsp; It can be brutal and unpredictable to say the least.&nbsp; Don&#039;t put it all on UPS.&nbsp; Vote Yes on the contract to ensure a strong healthy UPS for the future.</blockquote>

[QUOTE="area43, post: 254418, member: 4862"] 804, Well there you have it. 804, you want more money. A better life. Pension and Health. Start putting your app into one of those jobs listed. One other thing tell me in details about your Sep Plan. I have a few questions that maybe you can answer. It appears by the way you describe your Sep that it is pure Hell. First question. Did UPS stop or decrease its weekly pension contributions into the Sep? I assume it was a joint board making the decisions on where the(UPS) monies were invested. Example 5 Teamsters and 5 Company UPSer's. When was the Sep formed? Why is it in trouble? Bad investments, perphaps. If it was bad investments. Who should be responsible? UPS/Teamsters. I have to ask you this. In the Cs Mep. Who was responsible for its failure? It had a Teamsters/UPS board that directed the pension monies to a particular firm that handled all investments. Shouldn't they, the investment firm be held accountable? Why not? Or maybe the economy in general should be accountable? How about those banks that gave out all those bad housing loans? Why not go after them? Come on, Lets use some common sense here folks. Pension, Its not a sure thing. It will change as the market changes. Its funny how everyone thats against this contract wants to attack UPS on the billions it makes. Well, let me ask you this. Do you have a Teamster UPS 401k? Don't you like how its gone up ? Companies are making billions. Thats GREAT NEWS. Not Bad News. More money in your pocket. More money in your Sep and Mep. Hey, but wait. Those companies on wall street are all Evil. LOL 804, not to give you a hard time. LOL Why don't you go after the investment firm? Im sure that is where the Teamsters and UPS gives your monies too to be invested. Im in the Teamsters/UPS 401k. Citigroup, I believe handles my investments. Should I go after them? Or do I blame myself? To sum it all up. Its the market that may very well be the blame for your defunct plan. Nasdaq and Wall Street. It can be brutal and unpredictable to say the least. Don't put it all on UPS. Vote Yes on the contract to ensure a strong healthy UPS for the future. [/QUOTE]

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