As I said before and will continue to say full pension since it has been earned. No greed here.
Dissolve and disperse central states pension fund now !
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Retire as soon as you can....get what you can, for as long as you can and enjoy life......most of us started in this business at a young age (18 for me) and are trying to keep it together.......you have to have 20+ years in to get your pension at age 62....the insurance at CS for Plan R4 is $200 a month for you and your spouse until you reach age 65...Enjoy.....KK.
I'm with ya KK. I HAVE 2 1/2 years. (62)
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far out man; lets party like it's 1999; lets have a good time; on the futures dime; lets smoke all the :
: we can; lets have a good time; taking what is mine
I just received my disturbing letter yesterday,of the updated status of the NY pension fund,where I slaved for many moons,to earn for my sunset years.
I'll be getting a 31% reduction starting the first of July 2017.
Better than not getting anything.
So now my wife & I are working hard to get out of debt.
I figure if we are debt free,taking a 31% cut will be a bit more comfortable.
Well as long as we both keep receiving our monthly SSI payments which we have earned since starting our working years at age 14.
We won't be able to do much traveling,however we won't be in the poor house either.
I'll be getting a 31% reduction starting the first of July 2017.
Better than not getting anything.
So now my wife & I are working hard to get out of debt.
I figure if we are debt free,taking a 31% cut will be a bit more comfortable.
Well as long as we both keep receiving our monthly SSI payments which we have earned since starting our working years at age 14.
We won't be able to do much traveling,however we won't be in the poor house either.
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Traveling is overated anyhow, everywhere you go now looks the same, same old franchises and chain stores, don't waste your money, stay home and enjoy.
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That's a good deal on the R4, I was paying $900 a month for just myself before I got on Medicare. It was about $450 when I retired but then Obamacare drove it through the roof.
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Sunday, a ex-Roadway employee stopped at the terminal to take a picture of the seniority list to see where they will end up in a dove tail.........he has worked at UPS Freight for the last 10 years or so.
Whew......now we can stop arguing, everything will be better soon, ha ha ha ha ha ha ha ha
I hope!
Whew......now we can stop arguing, everything will be better soon, ha ha ha ha ha ha ha ha
I hope!
That's pretty much true of traveling the USA.... That's why foreign travel is, by far, more appealing...at least in my opinion....
Overseas travel is usually more costly...but there are things that can reduce the cost depending on how adventurous a person is....
Also, increasing numbers of retirees are actually relocating beyond the US borders expressly for lower cost of living....and a better standard of living on a pension or Social Security......... Moving to a foreign country isn't for everyone, obviously, but for some it means the difference between enjoying life verses just barely getting by...
far out man; lets party like it's 1999; lets have a good time; on the futures dime; lets smoke all the ::
What's your problem with a person that has earned their pension through decades of long hours on the road taking their pensions ??..
You'd do the same thing....... So stop whining about a retiree taking what is yours..... It's not yours until you've earned it and actually begin to draw on the pension.....and as you can see...even then, it's not a "promise" any more...
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Well Mr. Pilot, since there are 2.7 trillion dollars of I.O.U.'s in the social security trust fund, the active participants in the cspf are surely going to get hit with an increase in their ss withholding every pay. Mr. Pilot how many times in the last twenty years did you contact your elected representative to express your outrage that the ss trust fund was being raided? Do you care that the actives will earn less to pay for your ss benefits? Since there will be no bail out of any private pension fund! The only way a active will ever see more than a pbgc payout is to preserve the current assets. It is every retiree's moral obligation to call their elected officials today and demand the mpra law to be changed to cut everyone's pension enough to save cspf!!!!!
In the beginning wasn't social security a forced bank account from every wage earner to retire on.
Along with pension plans being part of a contracted wage & benefit package from every working union member.
I know we worked & paid into these savings systems,so now when I say show me my money,I get excusses.
What happened,was it over the years the folks collecting the money got sticky fingers?
Otherwise wheres the money we earned now that we have retired from our careers,& need it to live out our days?
Along with pension plans being part of a contracted wage & benefit package from every working union member.
I know we worked & paid into these savings systems,so now when I say show me my money,I get excusses.
What happened,was it over the years the folks collecting the money got sticky fingers?
Otherwise wheres the money we earned now that we have retired from our careers,& need it to live out our days?
"Sticky fingers" of those that control the funds is certainly part of the problem.... I think the larger issue is the fact they used the funds, our money, to gamble on the markets...and as I'm sure you know, those markets tanked due to reckless manipulation and the derivatives market........ They bailed out the banks......but when it comes to hard working citizens who've worked for decades....there is no bailouts for us....
Basically we are screwed due to greed and corruption by those who are in control....
An afterthought about reflecting back to the past with the events of this video.
The past is just that past,you can't get it back.
Once as short as a single second passes,it is gone forever.
The only thing positive that can come about looking back,is learning from past mistakes.
Other than that being upset is a total waste of time,& negative energy.
As we can see & hear how the Teamsters Pension Fund was squandered by loans to the mob, for the construction of casinos.
There is no way of knowing if those loans were ever repaid,or just forgotten.
But as I say about the past,thats the breaks,we just need to move on & do the best we can with the present.
The past is just that past,you can't get it back.
Once as short as a single second passes,it is gone forever.
The only thing positive that can come about looking back,is learning from past mistakes.
Other than that being upset is a total waste of time,& negative energy.
As we can see & hear how the Teamsters Pension Fund was squandered by loans to the mob, for the construction of casinos.
There is no way of knowing if those loans were ever repaid,or just forgotten.
But as I say about the past,thats the breaks,we just need to move on & do the best we can with the present.
Since 1935, Day One, per the original law and Supreme Court (Helvering vs Davis-- 1937) its always been a Tax going in, and Welfare coming back to us. Most don't know that or there would be a revolt.
You can call it whatever you want, however, it's still our money...money that was earned and it's NOT "welfare".... Since you hate welfare and you "think" Social security is "welfare" then you shouldn't be a hypocrite and sign up when you're eligible.....but I know you will......why? Because it's your money that you paid in and your employers contributed to on your behalf ...... NOT welfare.......
Looking back in the past to what happened to our Teamsters pension funds may be an eyeopener.
However it is counter productive as the past can't be changed.
We really need solutions for this present day.
In other words what can be done to either save our monthly pension benefit,or liquidate all of the funds & split it up accordingly.
After all we all paid into it with every contract we agreed on,or we could have gotten more of an hourly pay without our employers paying into the fund on our behalf.
Oh my I need to take my own advice & not look back to the past.
Really what we need today & in the future is a solution to get whats owed us.
However it is counter productive as the past can't be changed.
We really need solutions for this present day.
In other words what can be done to either save our monthly pension benefit,or liquidate all of the funds & split it up accordingly.
After all we all paid into it with every contract we agreed on,or we could have gotten more of an hourly pay without our employers paying into the fund on our behalf.
Oh my I need to take my own advice & not look back to the past.
Really what we need today & in the future is a solution to get whats owed us.
Spoken like a true youngster. Put in 40 years in this business then talk. Walk the walk before you talk.