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Thread: 7 Reasons You Don't Have A Pension

  1. #1
    mustache is offline Senior Member
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    7 Reasons You Don't Have A Pension


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  3. #2
    beerfd is offline Senior Member
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    Those of us whom had the pension are still getting the money, just not in the form of a pension. Nice try though.

  4. #3
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    snaildriver is offline Senior Member
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    Pensions are a thing of the past...even in the public sector (have you heard about Scranton, PA city employees being reduced to minimum wage? How about San Bernadino, CA going bankrupt?). It's every man for himself. Start a Roth IRA.
    highspeeds likes this.

  5. #4
    roadway77 is offline Senior Member
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    You maybe correct to an extent . But i will speak of my own hometown (chicago). The mayor and all higher up people have sweet pensions but the city is broke. Was their pensions reduced or on the table for negotiating? I read an article a while ago that said cnwy has pension obligations . I have asked many at conway and get ignored. I have a guess some higher ups have them.?

    Pensions are not a thing of the past . Its just a matter of its not expensive for certain people but for the regular middle class guy , yup its just too expensive.

    And we sadly have accepted that now.

  6. #5
    beerfd is offline Senior Member
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    Quote Originally Posted by roadway77 View Post
    You maybe correct to an extent . But i will speak of my own hometown (chicago). The mayor and all higher up people have sweet pensions but the city is broke. Was their pensions reduced or on the table for negotiating? I read an article a while ago that said cnwy has pension obligations . I have asked many at conway and get ignored. I have a guess some higher ups have them.?
    K
    Pensions are not a thing of the past . Its just a matter of its not expensive for certain people but for the regular middle class guy , yup its just too expensive.

    And we sadly have accepted that now.
    The pension is still bring kept up with. If you were in the pension, your money is still there. We get the statement every year. They give us 4 or 5 percent of our pay every quarter to replace that lost pension contributions. The 401 MATCH is still suspended. And yes, companies have to keep up with these changing times to survive. We all have to change with it..if we want a job to come to.

  7. #6
    radman's Avatar
    radman is offline moving and grooving
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    The 7 reasons pensions are going away are GREED,GREED,GREED,GREED,GREED,GREED, and GREED.

  8. #7
    beerfd is offline Senior Member
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    Quote Originally Posted by radman View Post
    The 7 reasons pensions are going away are GREED,GREED,GREED,GREED,GREED,GREED, and GREED.
    Your still getting the money. Understand that.

  9. #8
    droid is offline Senior Member
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    Pensions in trucking are going away.Pensions for Union companies are dinosaurs,1 person paying in for every 4 retirees.Not a bright outlook for them.I have my pension here and I started other means of planning for retirement.When Con-Way made changes I did too.
    beerfd likes this.

  10. #9
    beerfd is offline Senior Member
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    Quote Originally Posted by droid View Post
    Pensions in trucking are going away.Pensions for Union companies are dinosaurs,1 person paying in for every 4 retirees.Not a bright outlook for them.I have my pension here and I started other means of planning for retirement.When Con-Way made changes I did too.
    Well the companies that make billions upon billions in revenue can afford it..but most can't..and grow and survive. What you got is what you got. It ain't going back to the way it was. Take the free money and take care of it.

  11. #10
    highspeeds is offline ENTERTAINMENT USE ONLY
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    The old timers are getting the extra. The new hires are getting zero.
    nncnwydude likes this.


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