NorthTXcon-way
TB Veteran
- Credits
- 0
The "old timers", who hired in with Con-Way, had the pension to look forward to, were planning on that being there for them when they reached the end of their working years.......we all know what happened there......what if, those of you who are now counting on your 401k's, or IRA's, or Roth's, or whatever you think is going to be there for you, when you get 4 or 5 yrs away from the end, that disappears? You say it can't happen, it is mine I put it there, it has to be there, "THEY PROMISED THEY WOULD NEVER CHANGE IT"....?????? They promised them, that the pension would be there....Is it???? They promise now, that SS will be there.....will it be??? They promise that your 401K, Roth, or what ever instrument you think is going to be "yours" because they said so, will be there for you and your family.....will it be, do you really think so????? Really????? so did they, the ones who had been promised the SS, or the pension......they really, really believed it would be there too......What do you think?
Your Conway Pension is still there. They didn't take anything away from you. They just stopped putting money into it. What you had is still there. It's just not growing. I would rather it still be growing myself, but it is what it is and we now have to put $$ in the 401K, for which they give a hefty match and quarterly deposit. You do understand the way it works don't you?