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How is it unfair to the pensioners? Let's say you retired from CF ten years ago. The fund paying your pension is solvent. Now, ABF is going to abandon the plan? And what becomes of all the pensioners from the dozens of different comapnies? This doesn't make any sense. I see the light on the problem for ABF and YRC. The formula for what they are to contribute is negatively affected every time a member of the pool goes under. But how would the PBGC or Congress establish who should retain their pensions? Just the retirees from the remaining companies? So, a lifetime of contributions went poof in less than a decade. What if I worked for YRC, and now they are not paying in. Am I also an orphan? And what to do with the orphans? LOL ! Good luck solving this one with a bill in Congress!
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Messages in Topic
| Subject | Author | Rating | Time of Post (ET) | ||
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ABF will be the only unionized LTL company left that co...
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rioranch |
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5-Jan-09 05:48 pm | ||
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If YRCW does go out of business which I hope doesn...
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upturn75 | (1 Rating) | 15-Jan-09 08:06 pm | ||
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ABF's current liability may be less than $1 b...
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fraighter | (2 Ratings) | 20-Jan-09 01:51 pm | ||
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The Teamsters are telling Congress that ...
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truckingana... | (1 Rating) | 24-Jan-09 07:10 pm | ||
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At least there is one message on th...
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abfhasy | Rate it | 25-Jan-09 08:53 pm | ||
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I don't think that anybody on ...
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upturn75 | (1 Rating) | 25-Jan-09 10:38 pm | ||
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All carriers under the fu...
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brown.steve... | Rate it | 26-Jan-09 08:16 am | ||
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You are correct.
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upturn75 | Rate it | 26-Jan-09 10:46 am | ||
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Fair doesn't ma...
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fraighter | (2 Ratings) | 29-Jan-09 02:16 pm | ||
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Please cla...
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klewlessinv... | Rate it | 10-Mar-09 11:19 am | ||
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The r...
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fraighter |
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21-Mar-09 05:37 pm | ||
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Isnt that the Union/Liber...
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aaaarazorba... | Rate it | 9-Feb-09 04:17 pm | ||
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That shoe polis...
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bullmktin20... | (1 Rating) | 19-Oct-09 01:33 pm | ||
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You don't know ...
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lorrie.dana | Rate it | 19-Oct-09 09:49 pm | ||
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What you fail to consider is that prior to any rem...
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t200801 | (2 Ratings) | 9-Apr-09 09:07 pm | ||
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You say that any contingent liability would b...
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rioranch | (2 Ratings) | 10-Apr-09 10:58 am | ||
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YRCW isnt going out of business JP
Morgan today p...
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nicksy66 |
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31-Aug-09 08:58 pm | ||
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JPM did not do that. You wouldn't know if th...
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yoursourcei... |
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1-Sep-09 03:53 pm | ||
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Go F yourself sourceisopen! no one here'...
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yoursourcei... |
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1-Sep-09 04:00 pm | ||
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If YRCW gos upside down so what the...
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jtownsend99... | Rate it | 16-Oct-09 07:03 pm | ||
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Jeff, if YRCW goes bust, ABF w...
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fraighter | Rate it | 16-Oct-09 07:55 pm | ||
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No NO NO NO NO ! The mult...
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bullmktin20... | Rate it | 17-Oct-09 01:56 am | ||
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Listen to the CFO's ...
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fraighter | Rate it | 21-Oct-09 04:50 pm | ||
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Link?
Tia
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humansourcr... | (1 Rating) | 6-Oct-09 03:42 pm | ||
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Wrong..The ABF contribution to the pensi...
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blitzbaldbu... | Rate it | 21-Oct-09 10:02 pm | ||
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Everything you said is true. Also ...
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fraighter | Rate it | 22-Oct-09 01:45 pm | ||
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Also true is the fact that rem...
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cheneyforpr... | Rate it | 22-Oct-09 03:45 pm | ||
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Of course it's not fair. ...
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fraighter | Rate it | 22-Oct-09 06:02 pm | ||
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Quite unfair to the ...
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blitzbaldbu... | Rate it | 23-Oct-09 01:08 am | ||
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Re: If/when YRCW Goes Bankrupt
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bullmktin20... | Not rated | 23-Oct-09 05:08 pm |
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