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To: posthumousone who wrote (65157)4/20/2012 4:27:02 PM
From: posthumousone1 Recommendation   of 92577
 
Just got my company's Funding Target Attainment % for Pension:
2009/01 - 95%
2010/01- 85%
2011/01 - 80%

I am not sure how to read that. On the surface to me that looks very bad. The higher the % the better funded it is, right?
A 15% drop in 2 years?
Not sure why 2012/01 is not included.

Asset class mix:
cash 4%
govt sec 14%
corp debt 24%
common stock 36%
mutual funds 17.6%

what do you guys think?

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To: posthumousone who wrote (65161)4/20/2012 4:32:40 PM
From: Jim McMannis1 Recommendation   of 92577
 
Looks like they are paying out too much and slowly going off a cliff. OTOH they are a lot better funded than govie pensions but can't just print money.

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To: Jim McMannis who wrote (65162)4/20/2012 4:38:38 PM
From: posthumousone   of 92577
 
I have to be there 5 years to be vested to get some part of it......not sure why i feel like i should stay for 5 years when i have better opportunities elsewhere.
i have never had a pension plan op in other companies i have worked for (I don't pay into it)

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To: Jim McMannis who wrote (65162)4/20/2012 4:42:58 PM
From: posthumousone1 Recommendation   of 92577
 
I was looking for company averages for plan assets as % of benefit obligation . Found this.




Pension and Investment magazine latest issue has stats on 50 biggest U.S. pension plans. Unfortunately the table of data is not available on their web site, only in the printed magazine. There is a corresponding article on their web site without the data.

They use one metric of plan assets as % of benefit obligation to judge how well funded the plan is. There are about 10 companies with 100% to %130% ratio.

The lowest is Delta air lines at 47.1%. Most of the companies are between 80% and 90% range.

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From: Box-By-The-Riviera™4/20/2012 4:53:49 PM
9 Recommendations   of 92577
 
banks pay nothing,.., students pay 7%.. and might get a freeze?


bloomberg.com 

1 trillion at 7%..... yiko.

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To: Box-By-The-Riviera™ who wrote (65165)4/20/2012 4:54:57 PM
From: Travis_Bickle9 Recommendations   of 92577
 
80% of those kids have no business in college and wouldn't be there but for easy loans

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To: TH who wrote (65139)4/20/2012 5:13:05 PM
From: the navigator1 Recommendation   of 92577
 
I'm done with all saltwater seafood for at least another two years.

dang! is it possible to detect contamination with some kind of monitor? i do love my early-summer copper river salmon!

from what i've been reading, fukushima has the potential to be a life-extinction event. here's one blog with links that covers it...

agreenroad.blogspot.com 

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To: Box-By-The-Riviera™ who wrote (65165)4/20/2012 5:22:19 PM
From: posthumousone   of 92577
 
that sounds on the surface a good think for students and bad for taxpayers (????)

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To: Travis_Bickle who wrote (65166)4/20/2012 5:25:20 PM
From: Jim McMannis2 Recommendations   of 92577
 
The colleges have gone rich, especially the for profit ones.

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To: posthumousone who wrote (65168)4/20/2012 5:38:57 PM
From: Box-By-The-Riviera™5 Recommendations   of 92577
 
there are two competing groups


those who want benefits


those who pay for them

(i exclude Soc Sec, medicaid/medicare....since these are supposed to be untouched annuities of a kind, NOT the entitlement they have been labeled.. as in a free entitlement).




this is about those who want them to name two:

students and, food stamps (around 26 million voters), etc etc etc.


its vote buying time.


maybe next year, it will be about something else <ng>

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