tag:blogger.com,1999:blog-8099437767970534324.post2491785845424137052..comments2023-11-05T06:26:51.316-05:00Comments on Gannett Blog: Planned 2012 pension contributions slashed 20%Jim Hopkinshttp://www.blogger.com/profile/16712746705871119746noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8099437767970534324.post-52010714250873020292012-07-18T09:09:53.944-04:002012-07-18T09:09:53.944-04:00So as soon as the government changes the contribut...So as soon as the government changes the contribution requirements, the great Gannett pounces and lowers theirs. They couldn't wait for the ink to dry.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-33150877527336420072012-07-17T21:00:30.971-04:002012-07-17T21:00:30.971-04:00Jim,
Is there a differentiation between the "...Jim,<br /><br />Is there a differentiation between the "old" Gannett pension the defined benefit; and the newer post 1998 lump sum payout?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-29288817185033669192012-07-17T20:01:59.206-04:002012-07-17T20:01:59.206-04:00SLATE: Pension fund under stress
http://www.slate...SLATE: Pension fund under stress<br /><br />http://www.slate.com/blogs/breakingviews/2012/07/16/us_student_loan_fix_robs_the_old_to_pay_the_young_.html<br /><br />You are your best friend. Always keep track of the pension fund.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-23635746802844146802012-07-17T16:25:14.883-04:002012-07-17T16:25:14.883-04:00YOU ARE YOUR BEST FRIEND
I've commented sever...YOU ARE YOUR BEST FRIEND<br /><br />I've commented several times on low bond yields. Let me add this --<br /><br />You are your best friend. If you think the govt. or Capt. Gannett will ride to the rescue -- you will wait a very long time, IMHO. <br /><br />The taxpayer public debt is approaching $16,000,000,000,000.00 -- after the election, a hard rain is going to fall. Either program cuts Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-4634683325138465282012-07-17T11:31:26.173-04:002012-07-17T11:31:26.173-04:00Yup. The current generation and beyond have no cho...Yup. The current generation and beyond have no choice but to play the stock market with their 401K. And a whole lot of seniors and others were screwed in the 2008 crash and can't ever afford to retire.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-69708926306401017052012-07-16T23:14:17.719-04:002012-07-16T23:14:17.719-04:00Jim, thanks to you and blog contributors who have ...Jim, thanks to you and blog contributors who have sounded the warning loud and clear.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-30908881044158139692012-07-16T20:37:01.372-04:002012-07-16T20:37:01.372-04:00It's easy to increase the funded percentage wh...It's easy to increase the funded percentage when you no longer increase (aka Freeze) the payout.<br /><br />Pensions are a very expensive dinosaur that will likely die out in the next generation or two in favor of a 401k matching contribution.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8099437767970534324.post-50584571763644672992012-07-16T19:52:34.182-04:002012-07-16T19:52:34.182-04:00Another BIG RESIGNATION at Pointroll!!! Poor Sarah...Another BIG RESIGNATION at Pointroll!!! Poor Sarah and Rob...What are they going to do now!Anonymousnoreply@blogger.com