I like to chop up some onion with ham and eggs. Yummy top off with some cheese. Very good.
Again your Union ignorance know no bounds. I use the word ignorance in the text book way not as an insult. I too am vested in a union pension plan. I also have a non-union pension with Overnite and 2 401k's and my pension with FedEx. According to my financial planner, BNY Mellon, I'll retire at 59.5 years old if I so choose with approximately $10,000 a month in todays money without my union pension. So tell me again why I need a union.
Oh yeah job security like those CF drivers, Yellow drivers, Roadway drivers and ABF drivers(after the Carolina disaster). I'm sure there are some who are sitting at home, wondering how they're going to pay their bill and feed the kids, saying man I'm glad I'm in a union. The only good pay and good benefits comes from a company that is financially strong and sound. NO company has EVER said " I'm so happy we have a Union workforce, it's brought so much prosperity to this company". So if you like the union so much please feel free to get a union job. OH YEAH there are none
401k is free at a union shop?? You mean the Central States Pension Plan? Sounds very enticing.....
February 26, 2010: The good news: Central States Fund assets increased $2 billion last year.
The bad news: The fund is still in deep trouble.
The assets of the Central States Pension Fund increased by some $2 billion in 2009, ending the year at $19.6 billion. That’s the good news.
The bad news is the fund continues to be in deep trouble, and will have to make 12 percent on its investments just to tread water and end this year with that same asset level.
Riding the stock market upturn last year, the fund made 27.5 percent on its investments.
But employer contributions to the fund were down by $211 million, due mainly to YRC’s pull-out.
Central States ended 2009 with 60,000 active participants, down from 84,000 a year earlier. This reduction was primarily due to the withdrawal of YRC from the fund in June 2009. Secondarily it was due to layoffs in other industries. The UPS pullout reduced the actives by 44,000 back in January 2008. The number of retirees has been steady at 212,000 for the past two years.
Mike Varnco said:Let's hope these men get their pensions.
But as long as low-life outfits like ScumEx are around, it's hard for them to compete.
Why is Fedex to blame for the state of Central states pension plan? I guess they are to blame for the war in Iraq too.