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Yellow | Pension

Keepingon said:
If your contribution continues to go into a pension fund that's not going to be there when you leave in 10 years you get nothing, if you're allowed to take that contribution and put in a 401(k) and you match it you get a little something.
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For ever year if they go back in the pension we will accrue 140 per month say the fund stay solvent for 5 more years like there saying then it goes bankrupt and the into receivership to the government we will still get 60 percent of that 140 which is an extra 84 dollars a month the rest of ur life vote no Per year
Times 5 years 420 extra per month 5040 per year the rest of ur life That the math
 
Blackjack21 said:
For ever year if they go back in the pension we will accrue 140 per month say the fund stay solvent for 5 more years like there saying then it goes bankrupt and the into receivership to the government we will still get 60 percent of that 140 which is an extra 84 dollars a month the rest of ur life vote no Per year
Times 5 years 420 extra per month 5040 per year the rest of ur life That the math
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I’m not understanding your information.
First off every pension fund is different, mine is projected to be insolvent in 2020.
I think if you collect from the PBGC fund you get .33 cents on the dollar. And the PBGC says they are broke In 2022, anyone who believes that today’s politicians are going fund it are being naive and I wish them well.

To me the 401k is the way to go, it’s MY money, I choose how it grows, monitor what’s going on with it, if I choose to work more to help it grow I’m doing for it for my future.
if I leave I take it with me, if the company goes under I still have it.

Some local Officer has no say over it and doesn’t get to decide when I can retire, how much I get or add any rules to it.
 
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DON'T CUT MY PENSION! Rule number one, ACT ALONE tell NOBODY, EVER. Don't say cutesie innuendos at the bar.Plan. Make it quick and decisive. Know the risks. Do it. Shut your mouth. Repeat keep your mouth SHUT. Conscience may bother you on occasion and give you doubt about your actions. Ignore it it'll pass. Remember you did civilization a solid.
 
Jaloc said:
DON'T CUT MY PENSION! Rule number one, ACT ALONE tell NOBODY, EVER. Don't say cutesie innuendos at the bar.Plan. Make it quick and decisive. Know the risks. Do it. Shut your mouth. Repeat keep your mouth SHUT. Conscience may bother you on occasion and give you doubt about your actions. Ignore it it'll pass. Remember you did civilization a solid.
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Can you translate this to American English, please????
 
rainman55343 said:
Sorry to say I really don't care about the pension. It will be broke in less than 10 years and I have 30 years to go till I can retire. I allready have 13 years at yrc but I'm only 38 years old .
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5 years to be exact. So of course no one cares about the current retirees that have paved the way for you to have a job.
 
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