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12-14-2011, 03:52 AM
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#1
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Montana Master
Join Date: Jul 2006
Location: K.C.
Posts: 11,731
M.O.C. #5980
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Now something else for retirees to worry about
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12-14-2011, 05:00 AM
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#2
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Montana Fan
Join Date: Nov 2007
Location: Logan
Posts: 104
M.O.C. #7928
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Way to political to touch this one. 
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12-14-2011, 05:24 AM
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#3
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Montana Master
Join Date: Feb 2005
Location: Sioux Falls
Posts: 729
M.O.C. #3206
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I conclude the plan was foisted on employees knowing full well that the plan was underfunded or funded with over valued stocks- How do I make this conclusion?- Been there, done that!- Welcome to the club- I pray you do not lose too much- Don
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12-14-2011, 05:33 AM
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#4
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Montana Master
Join Date: Jul 2006
Location: K.C.
Posts: 11,731
M.O.C. #5980
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I don't want it to be political, just relating.
I moved some stairs from one RV park over to ours in Vegas, my neighbor needed them he had his stored over there, the folks who had been storing the stairs were school teachers somewhere in California before retirement, they were happy as clams for years, then the retirement fund evaporated (don't know why..) but the point is, retirement plans are not like they used to be, we just can't count on them anymore. Sad.
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12-14-2011, 06:55 AM
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#5
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Montana Master
Join Date: Sep 2004
Location: Leona
Posts: 6,382
M.O.C. #2059
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That's scary. Hope the issues are resolved to your benefit.
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12-14-2011, 11:03 AM
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#6
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Montana Master
Join Date: Jan 2009
Location: Land O Lakes
Posts: 932
M.O.C. #9053
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I am also not trying to be political here, but did you notice how many of these plans are for union workers? Looks to me like perhaps the brotherhoods did not take as good a care as they should have. Of course I am not delusional...my non union pension could be mismanaged and go away tomorrow as well. It is interesting that the majority of these are unions, though.
__________________
Walt and Carol Ashley, with fond memories of Bailey the Chesapeake! Land O Lakes, FL
2009 Big Sky 365REQ 10th Anniversary Edition
2008 Ford F350 King Ranch Super Duty
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12-14-2011, 11:29 AM
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#7
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Montana Fan
Join Date: Nov 2007
Location: Logan
Posts: 104
M.O.C. #7928
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Quote:
quote:Originally posted by washley1
I am also not trying to be political here, but did you notice how many of these plans are for union workers? Looks to me like perhaps the brotherhoods did not take as good a care as they should have. Of course I am not delusional...my non union pension could be mismanaged and go away tomorrow as well. It is interesting that the majority of these are unions, though.
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That's why it's political. Look around at companies in trouble and those doing fine...kind of self explanatory.
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12-14-2011, 11:40 AM
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#8
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Montana Master
Join Date: Jun 2004
Location: Benson
Posts: 3,121
M.O.C. #1658
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I would like to respond to some of the above comments but can't without getting political. I'm sorry to hear that Ozz's pension plan is in trouble, hopefully things will improve for it.
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12-14-2011, 02:13 PM
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#9
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Site Team
Join Date: Jun 2011
Location: Wilsey
Posts: 18,799
M.O.C. #11455
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Hope it works out for you. Got to by scary. I don't have to worry about my plan going down the drain, the restaurant industry, by in large, doesn't have any and most of my stocks took the big dive in 2008 and stayed there. Once we start fulltiming work camping will probably be on our list of things to do, at least for a part of the year.
__________________
Dick, Joyce, Diego, Picatso and Gustav
2017 3720 RL, and 2013 HC 343RL
Pullrite Hitch, IS, Disk Brakes, 3rd AC, Winegard Traveler, Bathroom door mod, Dometic 320, couch for desk swap, replaced chairs, sun screens, added awnings, etc.
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12-14-2011, 02:57 PM
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#10
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Montana Master
Join Date: Jun 2010
Location: Colorado Springs
Posts: 3,335
M.O.C. #10496
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Ditto...
Quote:
quote:Originally posted by 8.1al
I would like to respond to some of the above comments but can't without getting political. I'm sorry to hear that Ozz's pension plan is in trouble, hopefully things will improve for it.
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__________________
2010 3150RL
LevelUp, Dual 6 volt batteries, Progressive Industries EMS HW50C, Honda EU2000i Generator, Bridgestone Duravis R250 tires, Torklift Glowstep Revolution Stairs, LED Tail lights
2015 RAM 3500 Laramie SRW LB CC Cummins 6.7L Aisin Trans B&W RVK3600
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12-14-2011, 09:19 PM
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#11
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Montana Fan
Join Date: Jul 2008
Location: Madison
Posts: 163
M.O.C. #8615
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Free market economy. I'm not political, just relating.
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12-14-2011, 10:01 PM
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#12
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Moderator Emeritus
Join Date: Nov 2002
Location: Anywhere
Posts: 3,430
M.O.C. #29
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Ladies and Gentlemen,
Saying your post is not political does not make it so. Staying on topic and not making political statements will make it truly non political. So feel free to talk about the subject as much as you want as long as your conversation does not delve into the political arena your post will be fine.
Continuing to make comments about the political aspects of this subject will cause the heavy handed Admins in this Forum to aim their sights on those so inclined to make or continue such comments. Just for clarification please do not use the word or words (political or not political) as an attempted disclaimer. If the rules are adhered to then life will continue on its course unedited and unlocked. Please note that this heavy handed Admin has attempted to inject a bit of humor into this post. We apologize if it did not accomplish its goal. RVWheels, MOC Admin.
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12-14-2011, 11:05 PM
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#13
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Montana Master
Join Date: Apr 2006
Location: Brownsburg
Posts: 1,186
M.O.C. #5634
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Well Ozz, maybe grandpa's retirement plan of putting the extra egg money under the mattress wasn't such a bad idea after all.
In today's economic environment I believe one is better controlling their own "retirement" plans such as 401K's and other investment programs.
I am retired and never had a company or union provided pension plan - we opted several years ago to build our own plan and it is a good thing we did.
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12-15-2011, 12:38 AM
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#14
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Montana Master
Join Date: Aug 2007
Location: Waterford
Posts: 3,693
M.O.C. #7500
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Quote:
quote:Originally posted by washley1
I am also not trying to be political here, but did you notice how many of these plans are for union workers? Looks to me like perhaps the brotherhoods did not take as good a care as they should have. Of course I am not delusional...my non union pension could be mismanaged and go away tomorrow as well. It is interesting that the majority of these are unions, though.
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I have two pensions. The union one is doing quite well, while the none union one isn't.
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12-15-2011, 01:51 AM
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#15
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Montana Master
Join Date: Jan 2009
Location: Vermontville
Posts: 1,129
M.O.C. #9045
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Hope it all works out for you Ozz. Everything is scary these days. Very few things are as safe as they use to be. Good luck buddy. Our country isn't going in a very positive direction so that makes everything very vulnerable.
Dave
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12-15-2011, 03:22 AM
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#16
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Montana Master
Join Date: Jul 2006
Location: K.C.
Posts: 11,731
M.O.C. #5980
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I went through an apprentice program at a defense plant to become a Pipefitter, I 'turned out' and worked for a few years, around 14, I think in that Union job. I then started a real estate company and bought and sold investment real estate, I 'withdrew' from the Union, but continued to pay the 100 a year to stay enrolled. I then started a HVAC and Electrical company that was not Union, so my retirement was not designed around that pension, as I really wasn't in there that long, but I payed into the fund, so I get a partial pension. I feel bad for the folks that worked all their lives in ANY Pension fund and don't get a pension, or get a very small pension. We planned around that, so I won't be devastated if it goes under. I appreciate the nice folks that wished me well on this topic, and I also appreciate the diplomatic guidance from RV Wheels.
I think we all behaved pretty well, and as far as I am concerned this thread should 'Get, while the getting is good..' 
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12-15-2011, 05:24 AM
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#17
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Montana Master
Join Date: Dec 2006
Location:
Posts: 2,376
M.O.C. #6575
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So, RVWheels makes a post, and there was OZZ's avatar out beside it...now it's gone and the roadrunner is there...Makes one wonder.......wish I would have saved a screen shot of that!
Hate for anyone to lose their retirement. There, I'm still on topic!
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12-15-2011, 06:13 AM
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#18
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Montana Master
Join Date: Jul 2006
Location: K.C.
Posts: 11,731
M.O.C. #5980
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Quote:
quote:Originally posted by SlickWillie
So, RVWheels makes a post, and there was OZZ's avatar out beside it...now it's gone and the roadrunner is there...Makes one wonder.......wish I would have saved a screen shot of that!
Hate for anyone to lose their retirement. There, I'm still on topic!
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Ha! A skillful ploy on the part of management to keep you guessing. Trust me, it would be like putting the Fox in charge of the hen-house.
I am but a simple fix-it man, no management, ownership, supervisor-ship, affiliation, or nuttin like that.
Ozz the simple (minded) fix-it man. 
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12-15-2011, 09:53 AM
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#19
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Montana Master
Join Date: Dec 2006
Location:
Posts: 2,376
M.O.C. #6575
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Quote:
quote:Originally posted by Ozz
Quote:
quote:Originally posted by SlickWillie
So, RVWheels makes a post, and there was OZZ's avatar out beside it...now it's gone and the roadrunner is there...Makes one wonder.......wish I would have saved a screen shot of that!
Hate for anyone to lose their retirement. There, I'm still on topic!
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Ha! A skillful ploy on the part of management to keep you guessing. Trust me, it would be like putting the Fox in charge of the hen-house.
I am but a simple fix-it man, no management, ownership, supervisor-ship, affiliation, or nuttin like that.
Ozz the simple (minded) fix-it man.
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I had a screen shot sent to me that one of the mods posted....had a signature on it....I ain't saying who tho.
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12-15-2011, 12:12 PM
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#20
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Montana Master
Join Date: Jul 2006
Location: K.C.
Posts: 11,731
M.O.C. #5980
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Wasn't me, I ain't no Mod. Not bright enough for that job.
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