I’m listening and waiting for it....so far all he’s said is that some companies go bankrupt and that you can’t negotiate your salary. All true, but not everyone is CEO material. Some of us are happy to have a steady job....and i am SO looking forward to my pension.....aren’t you?
Hear Hear,
don’t flame me people, but We have a union and because of them we have a pension plan that is not connected to the company.
We have access to it and can choose what we want to put the money in, what stock or bonds or what ever. The company DOES NOT have control of it.
My Operating Engineers pension: I was getting ~$1300 a month (pretax) but since I started working again in Alaska I had to stop it (even though I am in a different union).
I won’t be vested in the Teamsters until 5 years from now and I don’t think I will be getting that because I don’t anticipate my job being here that long (especially now that Obama was elected). The ~$600 a month I put into that pension (plus dues) is something I will never see as I’ll never get vested. I wish I could just put that cash into a mutual fund somewhere.
The OE pension is/was nice but I won’t be able to live on it when I leave this job and get it reinstated (although I have a military pension which will allow some relief). Plus, since I gave up my pension to work here, I’m not sure if it will be as much when it’s re-instated since the stock market crash.
Of course I’m looking forward to my pension...it cost me enough. ;-)