Originally posted by sigma:
Originally posted by chrisilversvt:
Originally posted by Pigeon:
Originally posted by chrisilversvt:
i am so glad that the company i work for invested millions of dollars in a fund just for pensions...a very nice investment that looks to be enough to last for a long time....or at least long enough for me to get mine  ..
Just so long as the company doesn't decide to raid the pension plan...
Scott
nope won't happen....we own far too many other companies and have too strong of holdings in too may others to ever come to needeing that moneyin the foreseeable future...just the interest made on the amount in the pension fund is enough to cover the pensions for that year....
That's the story behind every failed pension plan. Never think that you are invincible to the same problems that others have encountered.
if you say so.....my company posts profits in the BILLIONS every year...and ALL the other companies we own make huge profits as well....like i said the interest alone made off the pension fund is more than enough to pay the pensions every year....and there are millions of dollars invested in that pension fund...we have been able to operate for 30 years without having to resort to dipping into that fund,and i see no reason why it won't be there in 30 more years...
we could function for several years without posting profits just off what a couple of our holdings make...
new,new ride!
'99 svt
black/mnb
'95 mustang gt sold!
'98 svt #800 sold!
| 
