tag:blogger.com,1999:blog-4912713243046142041.post2725399707323075084..comments2024-03-28T12:17:44.126-05:00Comments on TYWKIWDBI ("Tai-Wiki-Widbee"): How American workers lost their pensionsMinnesotastanhttp://www.blogger.com/profile/01382888179579245181noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-4912713243046142041.post-14045077619639609732011-10-12T11:30:28.237-05:002011-10-12T11:30:28.237-05:00Carl
Actually, from an employer perspective, a ves...Carl<br />Actually, from an employer perspective, a vesting benefit like a pension may be money better spent then an equivalent salary because it is an employee retention incentive.<br /><br />If employees are considered to be a valuable asset that contributes, then that makes sense.<br /><br />If employees are faceless interchangeable parts of the vast money making machine, then why bother?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-77352036245409050932011-09-22T11:03:06.577-05:002011-09-22T11:03:06.577-05:00Barbwire,
Sooo...the failing of the economy is be...Barbwire,<br /><br />Sooo...the failing of the economy is because all us Christians got rich and failed to pay pensions? Are you saying that you like what Jesus says about money? If you like what Jesus says about money, you might like what He says about other things. Maybe you should become a Christian and show us how it's done!Brad Williamshttps://www.blogger.com/profile/00197301845256854051noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-75453216421854163002011-09-21T22:08:26.736-05:002011-09-21T22:08:26.736-05:00Your pension is your own money and responsibility....Your pension is your own money and responsibility. Your employer should pay you for your job, and you should make your own decisions about investing your money.<br /><br />Nothing is free. Any money spent by employers on pensions is cut from the salary budget. There is absolutely NO BENEFIT to having your employer keep part of the money they could be paying you.<br /><br />The same goes for health insurance. There isn't any free money out there. All we get from employer-provided healthcare and pensions is a reduced paycheck and a loss of control.<br /><br />-CarlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-29132779491572773252011-09-21T21:43:07.460-05:002011-09-21T21:43:07.460-05:00We are witnessing the demise of the middle class. ...We are witnessing the demise of the middle class. Any student of history knows that when there is a huge income gap, with the wealthiest few controlling a huge percentage of the wealth in a country, it's a sure sign that trouble's coming. Maybe some of those "Christians" could pray for more people to live by the teachings of their purported Lord. Maybe they could even remember what he said about the difficulty of a rich man getting to heaven.Barbwirenoreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-8194061683268953572011-09-20T13:41:50.885-05:002011-09-20T13:41:50.885-05:00More re the Lucent death benefit here -
http://cl...More re the Lucent death benefit here -<br /><br />http://classactiondefense.jmbm.com/2008/10/class_action_defense_casesin_r_122.html<br /><br />and here -<br /><br />www.ca3.uscourts.gov/opinarch/065008p.pdfMinnesotastanhttps://www.blogger.com/profile/01382888179579245181noreply@blogger.comtag:blogger.com,1999:blog-4912713243046142041.post-51206814867085362032011-09-20T11:52:02.612-05:002011-09-20T11:52:02.612-05:00I work in the pension field. In my opinion, Ellen ...I work in the pension field. In my opinion, Ellen Shultz does not understand the complexities of the pension system well enough to make the statements she does about it.<br /><br />For instance, applying pension priciples to post retirement medical benefits is flat out incorrect. Its a mistake that most people might make, but still, its not correct.<br /><br />Furthermore, there are specific required minimum death benefits in pension plans that absolutely must be provided. I would assume that Lucent still provides those benefits if their plan is still qualified. What they took away must have been expensive "extra" death benefits, which has been an unfortuantely common occurrence, but is definitly legal.<br /><br />Ellen Shultz' information is one-sided, inflammatory and strays far into the realm of incorrectness.Anonymousnoreply@blogger.com