Where did you major in English, Dave?BLUTO said:401K MTCH
SUX> IF DOOSH
IZ BANKER>
THN IM ENGLSH
MAJOR!
Josh
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Where did you major in English, Dave?BLUTO said:401K MTCH
SUX> IF DOOSH
IZ BANKER>
THN IM ENGLSH
MAJOR!
Thanks for making my POINT! The reality is... very few Fleet service Members have the 250k saved... period. Many actually raided their 401ks during the BK years when they were forced to take concessions by the BK judge. The reality is, the IAMNPF is their best, and possibly ONLY hope of securing a decent retirement.737823 said:Way to aim low. This shouldn't come as surprise since you were part of the workgroup that was content accepting sub industry standard wages for so many years while your employer took in record profits. Seriously where do you come up with these numbers? How could someone retire and live comfortably with $250k, social security and the IAMNPF?
Josh
Last bankruptcy was 2005 and this is the position you are in nine years later, after one section six and a transition agreement? I mean seriously the IAM has failed the membership and conditioned them to accept substandard wages and benefits. Again how do you expect someone to retire comfortably with IAMNPF, social security and a $250k 401K. Is that what unions are proud of?700UW said:Two bankruptcies in less than two years is not record profits.
Unfortunate that sucks for you guys. Since I entered the workforce I've been saving in excess of 25% of my base in my 401K, not planning on collecting any social security whatsoever. Every individual is different and there isn't a one size fits all approach but my guidance would be saving and investing considerably more than $250k.roabilly said:Thanks for making my POINT! The reality is... very few Fleet service Members have the 250k saved... period. Many actually raided their 401ks during the BK years when they were forced to take concessions by the BK judge. The reality is, the IAMNPF is their best, and possibly ONLY hope of securing a decent retirement.
As far as the numbers go... you’re the banker... present a counter argument that proves me wrong with numbers and references of your own!
No... your “guidance” is to steer Fleet Service astray, and to weaken the group. You are a fraud... period! Every single poster that is actually a Fleet Service Member knows this... why waste your time? Could it be “the” grudge?737823 said:Unfortunate that sucks for you guys. Since I entered the workforce I've been saving in excess of 25% of my base in my 401K, not planning on collecting any social security whatsoever. Every individual is different and there isn't a one size fits all approach but my guidance would be saving and investing considerably more than $250k.
Josh
You just gave your identity away AGAIN... you are one pathetic excuse for a man!737823 said:At any rate, the IAMNPF will not be able to provide a comfortable and secure retirement for IAM members. As union members why don't you demand the same pensions that Buffy, Sito, Roach, etc enjoy from the Grand Lodge?
Josh
I have done some research Roa but I'm going to hold off on the serious digging for now until I get a hint that we may be offered participation in the fund? My agenda being firmly "choice" from my end though.roabilly said:Hey WeAA..
Start here... you may have to navigate around the site some, but most of your questions can be answered here. If not the phone number is on the site...
IAMNPF
$3k/month is a joke. How can anyone even in Charlotte live off that? Even public sector employees have more generous pensions that you conisder $3k/month good speaks more about you and your perspective than me.roabilly said:You just gave your identity away AGAIN... you are one pathetic excuse for a man!
P.S. Are you saying that $3,000.00 per month, is not a good pension benefit?
Roa who is getting $3,000.00 per month? Is this a pension equation or a mix of other retirement income?roabilly said:You just gave your identity away AGAIN... you are one pathetic excuse for a man!
P.S. Are you saying that $3,000.00 per month, is not a good pension benefit?