Originally Posted by
Maddog64
Do you realize that every bit of your 130k pension is taxed by Uncle Sam.
Let's make some assumptions here. If I leave my kids 1 million and the tax rate is 50% by then, they will pocket 500k. When I die with my pension they get 0. I don't even have to ask them which amount they want.
I keep hearing that we need to make the senior guys "whole". I have been here 23 years and am whole. The pension that was promised to me when I was hired is still there. When you came here where did it say that the pension would ever increase? If you haven't been planning on a 130k pension and setting aside your own money for retirement you have been a fool. By fighting to increase the pension we are just delaying any future TA, all the while we fall further behind our peers.
You Speak for yourself, the original agreeed to idea was the 130k was to be addressed in future contracts. I have voted no for every contract since partly due to the cap not being raised. Yes I have saved for 130k but we deserve a long overdue increase!