Swift makes that much????
You had just better keep your fingers crossed that YRC keeps working. If they close the Pension Liability will fall on the rest of the companies that are still contributers to MEPF. That could trigger the PBGC to take over the MEPF. "CSPF" for shure.
If the PBGC takes a plan over, you will only get about a third of what you are now getting. 30yrs. = $1,072.50 a mo.
Multiemployer benefit guarantees (PBGC.gov)
Maximum guarantee
(ERISA Sec. 4022A(c))
The current multiemployer maximum benefit is:
100% of the first $11 of the monthly benefit rate, plus
75% of the next $33 of the monthly benefit rate, times
participant’s years of service.
That comes to $35.75 times years of service.