There is a good chance that mine may be cut next year. I have a teamster pension. So far, UPS has been responsible for paying it but next year the teamster take control.They are severely underfunded because they've taken the money UPS contributed for it's employees and paid pensions for retirees of other companies that didn't contribute as much leaving them underfunded. Now they say they will have to make *tuff* choices, cutting pensions from as much as $3,ooo a month or more to $700. They say they won't cut pensions of someone over 80 or of someone disabled. I was forced into retirement due to disability and currently on SS disability. However, I don't trust them.
From: "Bhairitu noozg...@sbcglobal.net [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: FairfieldLife@yahoogroups.com Sent: Tuesday, August 18, 2015 2:36 PM Subject: Re: [FairfieldLife] Fwd: Bring on a Ryan Budget Pensions were never meant to keep paying the salary you received when working. They were made to make your retirement more comfortable than just having Social Security. Same was true in selling the idea of 401Ks and we know how well that worked out. Unless you are a money hound and at least an amateur stockbroker these often don't work out well at all. I've read some posts on a board from folks getting these pensions and admitting that though they're nice to get weren't really all that necessary. On 08/18/2015 12:03 PM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife] wrote: Not so sure the cities *offer* these unsustainable pensions as much as the unions demand them. Cities are stuck kicking the can down the road for some other mayor to fix. From: "Bhairitu noozg...@sbcglobal.net [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: FairfieldLife@yahoogroups.com Sent: Tuesday, August 18, 2015 11:55 AM Subject: Re: [FairfieldLife] Fwd: Bring on a Ryan Budget City problems are due to really incompetent people running them be they Republican or Democrat. They've done stupid things like offer unsustainable pension plans to attract new employees. I still think those were sold to them because Wall Street wanted to gamble with that money. We've allowed these people to run things because the public is generally apathetic and a lot of city elections are confusing and corrupt. On 08/17/2015 04:51 PM, William Leed wle...@aol.com [FairfieldLife] wrote: Reagan was NOT a city mayor but was state & federal & HIS time lifted my boat & still in part does 4 many thanks to the tax changes & more !4 It LIFT not like bu the did enjoy boating I note, With respect & a smile cities are stil in it many close to bankruptcy ! I as is the Fed affecting our great G.G.G &Great grand children, & the un born to my perhaps our regret Bring on the Ryan Budget soon! -----Original Message----- From: Bhairitu noozg...@sbcglobal.net [FairfieldLife] <FairfieldLife@yahoogroups.com> To: FairfieldLife <FairfieldLife@yahoogroups.com> Sent: Mon, Aug 17, 2015 12:34 pm Subject: Re: [FairfieldLife] Fwd: Reagan didn't life all boats either and neither did the Bushes so it's not just the Democrats fault. On 08/17/2015 06:49 AM, Mike Dixon mdixon.6...@yahoo.com [FairfieldLife] wrote: Misery loves company. From: "William Leed wle...@aol.com [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: brandon.sun...@gmail.com; bobandjanet...@verizon.net; karenhmc...@aol.com; dorothea...@hotmail.com; latinus17_latinu...@hotmail.com; tom.hebe...@gmail.com; rfl...@brocku.ca; rf2...@yahoo.com; FairfieldLife@yahoogroups.com; herman rodenberg <hermanrodenb...@msn.com>; dlf5...@gmail.com; slingshoote...@gmail.com; slsmith...@yahoo.com; fl...@comcast.net; l.donaldl...@gmail.com Sent: Monday, August 17, 2015 8:26 AM Subject: [FairfieldLife] Fwd: -----Original Message----- From: Lawrence Smith <lawrencesmi...@frontier.com> Sent: Sun, Aug 16, 2015 9:18 pm 10 Poorest Cities in America (How did it happen?) City, State, % of People Below the Poverty Level 1. Detroit , MI 32.5% 2. Buffalo , NY 29.9% 3. Cincinnati , OH 27.8% 4. Cleveland , OH 27.0% 5. Miami , FL 26.9% 5. St. Louis , MO 26.8% 7. El Paso , TX 26.4% 8. Milwaukee , WI 26.2% 9. Philadelphia , PA 25.1% 10. Newark , NJ 24.2% What do the top ten cities (over 250,000) with the highest poverty rate all have in common? - Detroit, MI - (1st on the poverty rate list) hasn't elected a Republican mayor since 1961 - Buffalo, NY - (2nd) hasn't elected one since 1954 - Cincinnati, OH - (3rd) not since 1984 - Cleveland, OH - (4th) not since 1989 - Miami, FL - (5th) has never had a Republican mayor - St. Louis, MO - (6th) not since 1949 - El Paso, TX - (7th) has never had a Republican mayor - Milwaukee, WI - (8th) not since 1908 - Philadelphia, PA - (9th) not since 1952 - Newark, NJ - (10th) not since 1907 Einstein once said, 'The definition of insanity is doing the same thing over and over again and expecting different results.' It is the poor who habitually elect Democrats....... Yet they are still POOR. - You cannot help the poor by destroying the rich. - You cannot strengthen the weak by weakening the strong. - You cannot bring about prosperity by discouraging thrift. - You cannot lift the wage earner up by pulling the wage payer down. - You cannot further the brotherhood of man by inciting class hatred. - You cannot build character and courage by taking away people's initiative and independence. - You cannot help people permanently by doing for them, what they could and should do for themselves. 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