Page 1 of 2 12 LastLast
Results 1 to 10 of 12
Like Tree5Likes

Thread: Got my letter

  1. #1
    I Am Rocking Now

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    new penn
    Location
    Northeastern PA
    Posts
    22,015
    Rep Power
    0

    Default Got my letter

    Looks like part of my pension is going in the crapper.. Pension in critical status and showing how they are going to have to go to the PBGC... Nice way to start the summer..Can't wait to send my PA senator a thank you note.. Maybe I will ask him where we can sign up for assistance ..

  2. #2
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    41,123
    Rep Power
    901

    Default Re: Got my letter

    Quote Originally Posted by crazy View Post
    Looks like part of my pension is going in the crapper.. Pension in critical status and showing how they are going to have to go to the PBGC... Nice way to start the summer..Can't wait to send my PA senator a thank you note.. Maybe I will ask him where we can sign up for assistance ..
    That is absolutely terrible crazy. I am truly very sorry to hear this. And super pissed too!

  3. #3
    I Am Rocking Now

    Join Date
    Mar 2008
    Local Union
    560
    Employer
    Retired ABF/Red Star
    Location
    S. Carolina
    Posts
    4,440
    Rep Power
    756

    Default Re: Got my letter

    Quote Originally Posted by crazy View Post
    Looks like part of my pension is going in the crapper.. Pension in critical status and showing how they are going to have to go to the PBGC... Nice way to start the summer..Can't wait to send my PA senator a thank you note.. Maybe I will ask him where we can sign up for assistance ..
    Is 641 going directly to the PBGC or the labor board to find out what they can do under the new pension reform act?

  4. #4
    Retired !

    Join Date
    Feb 2009
    Local Union
    107
    Employer
    Retired - New Penn
    Location
    South Jersey
    Posts
    15,667
    Rep Power
    342

    Default Re: Got my letter

    Not a good way to start the summer. Sorry it's happening to you, but if another market slump kicks in I think more funds will follow.

  5. #5
    I Am Rocking Now

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    new penn
    Location
    Northeastern PA
    Posts
    22,015
    Rep Power
    0

    Default Re: Got my letter

    Quote Originally Posted by 2631 View Post
    Is 641 going directly to the PBGC or the labor board to find out what they can do under the new pension reform act?
    The way I read it is they are going to the labor board.. They have already had it certified from the US Treasury.. letter said the fund was down to 37.3% Not looking good..

  6. #6
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    26,670
    Rep Power
    1153

    Default Re: Got my letter

    So many funds are rebounding. I just hope we see the market continue to improve.

    Sent from my SGH-T399 using Tapatalk

  7. #7
    On A Mission

    Join Date
    Oct 2009
    Local Union
    429
    Employer
    YRC
    Posts
    14,014
    Rep Power
    922

    Default Re: Got my letter

    What a stupid country.
    I'm sure the politicians will have a retirement with no struggles.
    Bunch of sellouts.
    This country needs a good housecleaning.
    crazy likes this.

  8. #8
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    26,670
    Rep Power
    1153

    Default Re: Got my letter

    Quote Originally Posted by slavenomore View Post
    What a stupid country.
    I'm sure the politicians will have a retirement with no struggles.
    Bunch of sellouts.
    This country needs a good housecleaning.
    I think it's callled a political enema.

    Sent from my SGH-T399 using Tapatalk
    slavenomore likes this.

  9. #9
    I Am Rocking Now

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    new penn
    Location
    Northeastern PA
    Posts
    22,015
    Rep Power
    0

    Default Re: Got my letter

    Quote Originally Posted by slavenomore View Post
    What a stupid country.
    I'm sure the politicians will have a retirement with no struggles.
    Bunch of sellouts.
    This country needs a good housecleaning.
    Slave,our senator Mr Toomey sent me a letter that he voted yes on the pension amendment because he had to vote to keep the government open.. Then went on to say that they should have been able to discuss it but there was no time.. My email back to him was not very nice..

  10. #10
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    26,670
    Rep Power
    1153

    Default Re: Got my letter

    Quote Originally Posted by crazy View Post
    Slave,our senator Mr Toomey sent me a letter that he voted yes on the pension amendment because he had to vote to keep the government open.. Then went on to say that they should have been able to discuss it but there was no time.. My email back to him was not very nice..
    Once again political leverage is misused. Holding a gun to the head of everyone in the country so these asswipes can continue to find ways to screw over the working class.

    Sent from my SGH-T399 using Tapatalk
    crazy, fxstc07 and slavenomore like this.

 

 
Page 1 of 2 12 LastLast

LinkBacks (?)

  1. 05-24-2015, 02:48 PM
  2. 05-24-2015, 08:22 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101