Commander McBelch Posted May 15, 2021 Posted May 15, 2021 I'm expecting to pay the lot rental for a double wide and not work. Maybe take one international trip. 2
NaBabby Posted May 15, 2021 Posted May 15, 2021 A nice fantasy which you've no doubt worked very hard for many years to elucidate in your mind, but they're going to take it away from you all the same.
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 9:33 PM, Commander McBelch said: I'm expecting to pay the lot rental for a double wide Expand What does one of those go for per month where you'd like to live anyway? Just curious
bnmjy Posted May 15, 2021 Posted May 15, 2021 And then the COPD and the lung cancer hits and the pension no longer has enough funds and social security gets cut and Medicare, after another Republican administration, starts disqualifying for preexisting conditions . . . oh my. 1
stilgar Posted May 15, 2021 Posted May 15, 2021 Your pension has already been taken and used to give cats abortions. 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 9:45 PM, NaBraniel said: What does one of those go for per month where you'd like to live anyway? Just curious Expand It varies widely. Look for someone who has to short sell.
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 9:41 PM, NaBraniel said: A nice fantasy which you've no doubt worked very hard for many years to elucidate in your mind, but they're going to take it away from you all the same. Expand How?
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:17 PM, Commander McBelch said: How? Expand Happens all the time. https://www.washingtonpost.com/business/economy/as-a-grocery-chain-is-dismantled-investors-recover-their-money-worker-pensions-are-short-millions/2018/12/28/ea22e398-0a0e-11e9-85b6-41c0fe0c5b8f_story.html
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 10:22 PM, NaBraniel said: Happens all the time. https://www.washingtonpost.com/business/economy/as-a-grocery-chain-is-dismantled-investors-recover-their-money-worker-pensions-are-short-millions/2018/12/28/ea22e398-0a0e-11e9-85b6-41c0fe0c5b8f_story.html Expand That's why the union holds the pension accounts. While casinos are getting bought and sold like Pokemon cards, the transient ownership and management can't take a cent out of the accounts.
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:26 PM, Commander McBelch said: That's why the union holds the pension accounts. While casinos are getting bought and sold like Pokemon cards, the transient ownership and management can't take a cent out of the accounts. Expand I understand telling yourself this to stave off anxiety, the idea of financial security is very intoxicating, and you don't want to think of yourself as a sucker who got screwed, but when they come for your pension, and they will, you'll be forced to accept a settlement for a fraction of what you were promised because you have no choice, this is what they do to people. Better plan accordingly. 1
scoobdog Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:26 PM, Commander McBelch said: That's why the union holds the pension accounts. While casinos are getting bought and sold like Pokemon cards, the transient ownership and management can't take a cent out of the accounts. Expand You didn't read his link, packard.
tsar4 Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:26 PM, Commander McBelch said: That's why the union holds the pension accounts. Expand Until they do something stupid, like when the Illinois Teachers Union loaned a large portion of the pension fund to the state. After all, what could go wrong?
Sawdamizer Posted May 15, 2021 Posted May 15, 2021 https://www.brightscope.com/form-5500/basic-info/499111/Joint-Board-Of-Trustees-Of-The-Unite-Here-Local-54-Severance-Fund/511728/Unite-Here-Local-54-Severance-Fund/2019/ your unions pension is “interestingly” diverse.... and... that funding ration is equally “interesting” 1
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:16 PM, Commander McBelch said: It varies widely. Look for someone who has to short sell. Expand What's the higher end of what you think you could swing per month? Again just out of curiosity
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:36 PM, Sawdamizer said: https://www.brightscope.com/form-5500/basic-info/499111/Joint-Board-Of-Trustees-Of-The-Unite-Here-Local-54-Severance-Fund/511728/Unite-Here-Local-54-Severance-Fund/2019/ your unions pension is “interestingly” diverse.... and... that funding ration is equally “interesting” Expand 1 1
Sawdamizer Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:41 PM, NaBraniel said: Expand There are quite a few red flags on this shit 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 10:42 PM, Sawdamizer said: There are quite a few red flags on this shit Expand Probably not the most accurate report available, since there are in fact a number of people currently receiving benefits from it.
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 10:37 PM, NaBraniel said: What's the higher end of what you think you could swing per month? Again just out of curiosity Expand You think I plan to take a loan on that?
Sawdamizer Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:00 PM, Commander McBelch said: Probably not the most accurate report available, since there are in fact a number of people currently receiving benefits from it. Expand Oh... ok..... so the audit is incorrect? 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:02 PM, Sawdamizer said: Oh... ok..... so the audit is incorrect? Expand As long as the claim is that nobody is receiving benefits, yes.
scoobdog Posted May 15, 2021 Posted May 15, 2021 Looks less like a pension and more like a pyramid scheme.
Sawdamizer Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:03 PM, Commander McBelch said: As long as the claim is that nobody is receiving benefits, yes. Expand You’re broke 1
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:01 PM, Commander McBelch said: You think I plan to take a loan on that? Expand No? Not sure where this non sequitur came from, I asked the question of how much $ you could afford to pay in rent/lot fees every month by not working and solely drawing from your pension, I'm just curious.
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:05 PM, Sawdamizer said: You’re broke Expand I'm broke, according to some idiots who didn't bother to count the number of active recipients when conducting this phony audit?
Sawdamizer Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:08 PM, Commander McBelch said: I'm broke, according to some idiots who didn't bother to count the number of active recipients when conducting this phony audit? Expand Your union paid for this audit and accepted its results 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:08 PM, NaBraniel said: No? Not sure where this non sequitur came from, I asked the question of how much $ you could afford to pay in rent/lot fees every month by not working and solely drawing from your pension, I'm just curious. Expand Lot rentals vary widely, too. There are also a few states that allow mobile homes on land owned by the occupant. The property taxes on land that is technically undeveloped could be significantly cheaper than rent.
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:10 PM, Sawdamizer said: Your union paid for this audit and accepted its results Expand So, why the zero? That alone is untrue.
Sawdamizer Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:12 PM, Commander McBelch said: So, why the zero? That alone is untrue. Expand Well, the obvious answer is right there... you refuse to believe it. because you’re an idiot. 2
NaBabby Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:11 PM, Commander McBelch said: Lot rentals vary widely, too. There are also a few states that allow mobile homes on land owned by the occupant. The property taxes on land that is technically undeveloped could be significantly cheaper than rent. Expand I am simply asking what is the higher end of what you could afford to pay, based on what you expect to draw from your pension?
Seight Posted May 15, 2021 Posted May 15, 2021 Name a guy. Shit, make up a guy, we don't know anyone you work with.
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:13 PM, Sawdamizer said: Well, the obvious answer is right there... you refuse to believe it. because you’re an idiot. Expand Someone is not telling the truth. 1
stilgar Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:15 PM, Commander McBelch said: Someone is not telling the truth. Expand You. 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:14 PM, NaBraniel said: I am simply asking what is the higher end of what you could afford to pay, based on what you expect to draw from your pension? Expand Let me wait and find out how much the benefit is after retirement in a few more years. It increases with each year I put in. There's one pension plan managed by the local, a separate plan managed by the international and for employees of one particular casino, a third plan that had been managed by one of the former owners and later was turned over to a trust fund managed by the local. 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 On 5/15/2021 at 11:14 PM, Seight said: Name a guy. Shit, make up a guy, we don't know anyone you work with. Expand What are you talking about now? Do you see anyone who had retired trying to sue the union? 1
Commander McBelch Posted May 15, 2021 Author Posted May 15, 2021 (edited) On 5/15/2021 at 11:16 PM, stilgar said: You. Expand I'm not the one reporting that the plan has no active recipients. That's flat out absurd. Also, I just noticed that this report is more about the severance than the pension. Severance is a lump sum, not a monthly benefit. Edited May 15, 2021 by Commander McBelch New info 1
tsar4 Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 11:02 PM, Sawdamizer said: Oh... ok..... so the audit is incorrect? Expand Audited by the firm of (Jake) Guzik and (Allen) Dorfman.
resurrected Posted May 15, 2021 Posted May 15, 2021 On 5/15/2021 at 10:16 PM, Commander McBelch said: It varies widely. Look for someone who has to short sell. Expand Double widely. Your pension will only afford you the ability to rent. You will never own anything.
Commander McBelch Posted May 16, 2021 Author Posted May 16, 2021 On 5/15/2021 at 11:35 PM, stilgar said: That literally says nothing. Expand It says you're looking at the severance, not the pension. 1
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