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05-25-2009, 10:18 AM
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#1
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Electron Flow Consultant
Join Date: Mar 2008
Location: Longview, WA
Posts: 2,091
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pension
How many non-union electricians have a pension, other than 401K?
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05-25-2009, 10:26 AM
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#2
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Senior Member
Join Date: Mar 2007
Location: Leesburg, VA
Posts: 20,465
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My non-union employees do. We set up a profit sharing program 20 years ago covers us (owners) and them.
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Brian John
Leesburg, VA
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05-25-2009, 12:06 PM
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#3
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Senior Member
Join Date: Nov 2008
Location: Ontario Canada
Posts: 436
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pensions
Like Brian, we set up a deferred profit sharing program a little over 20 years ago, where the contributions where invested on the employees behalf. They had the opportunity to withdraw any money formt he plan, but where advised against it.
Over the years, the plan changed, and for the last 10 years we had a direct payout Profit sharing plan, where the guys were responsible for their money themselves.
Last year we also started an R.R.S.P matching contribution plan.
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05-25-2009, 01:04 PM
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#4
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Senior Member
Join Date: Sep 2007
Location: Calgary Alberta Canada
Posts: 417
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The company I work for has a pension plan.
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05-25-2009, 01:10 PM
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#5
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Senior Member
Join Date: Jul 2008
Location: rome, ga.
Posts: 1,365
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just 401k for me. i put in $110/wk. the co. put in $13. been in it for about 12 yrs.
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05-25-2009, 01:12 PM
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#6
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Senior Member
Join Date: May 2009
Location: Columbus, ga
Posts: 439
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MAN, these union guys think they have better everything. a pension is a 401k. i have 401k=6%:3%, profit sharing, job bonuses for foremen, journeyman are given brand new tools after the test, most take theirs home and leave em.
UH UH UH UH i gotta pension plan, yipeee
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05-25-2009, 01:36 PM
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#7
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Senior Member
Join Date: Jul 2008
Location: rome, ga.
Posts: 1,365
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sparky, theres a difference between a defined GURANTEED pension plan and a 401k.
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05-25-2009, 01:36 PM
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#8
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Wire Ninja
Join Date: Jan 2007
Location: Beautiful Cumberland Valley, in PA
Posts: 16,794
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Quote:
Originally Posted by paul d.
sparky, theres a difference between a defined GURANTEED pension plan and a 401k.
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You mean like the NEBF?
__________________
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Catch a man a fish and you can sell it to him.
Teach a man to fish and you’ve ruined a good business opportunity.
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05-25-2009, 03:29 PM
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#9
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Senior Member
Join Date: Jul 2008
Location: rome, ga.
Posts: 1,365
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Quote:
Originally Posted by MDShunk
You mean like the NEBF?
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not exactly. i was thinkin PBGC.
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05-25-2009, 03:37 PM
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#10
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Senior Member
Join Date: May 2009
Location: Columbus, ga
Posts: 439
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Quote:
Originally Posted by MDShunk
You mean like the NEBF?
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hey thats pretty cool. now you union workers cant say any degrading things to us non-union workers about their freaking pension plan.
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05-25-2009, 03:41 PM
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#11
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"A" inside wireman
Join Date: Sep 2007
Location: Ocean, NJ
Posts: 4,721
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Quote:
Originally Posted by sparkyboys
MAN, these union guys think they have better everything. a pension is a 401k. i have 401k=6%:3%, profit sharing, job bonuses for foremen, journeyman are given brand new tools after the test, most take theirs home and leave em.
UH UH UH UH i gotta pension plan, yipeee
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sparkyboy have you ever had a house that didn't have wheels on it?
__________________
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"One Nation Under God"
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05-25-2009, 03:46 PM
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#12
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Senior Member
Join Date: Jul 2008
Location: rome, ga.
Posts: 1,365
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Quote:
Originally Posted by sparkyboys
hey thats pretty cool. now you union workers cant say any degrading things to us non-union workers about their freaking pension plan.
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sparky, are you REALLY from ga.?
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05-25-2009, 03:48 PM
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#13
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Senior Member
Join Date: May 2009
Location: Columbus, ga
Posts: 439
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Quote:
Originally Posted by paul d.
sparky, are you REALLY from ga.?
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born and raised
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05-25-2009, 03:50 PM
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#14
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Senior Member
Join Date: May 2009
Location: Columbus, ga
Posts: 439
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Quote:
Originally Posted by randomkiller
sparkyboy have you ever had a house that didn't have wheels on it?
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i rent a home, i aint trailer trash!
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05-25-2009, 04:50 PM
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#15
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Senior Member
Join Date: Mar 2007
Location: Leesburg, VA
Posts: 20,465
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Sparky JUST ONCE, ok JUST ONCE lets see where a thread in this topic heading goes, without trashing the other side.
The poster posed a legit question, and the question is something that defines one of the differences between open shops and union shops. He may or may not know the answer. But I do not see any malice in his question.
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Brian John
Leesburg, VA
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05-25-2009, 05:12 PM
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#16
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Senior Member
Join Date: May 2009
Location: Columbus, ga
Posts: 439
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Quote:
Originally Posted by brian john
Sparky JUST ONCE, ok JUST ONCE lets see where a thread in this topic heading goes, without trashing the other side.
The poster posed a legit question, and the question is something that defines one of the differences between open shops and union shops. He may or may not know the answer. But I do not see any malice in his question.
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you sure one to talk:
How about NO MORE UNION TOPICS in this section, IF YOU ARE SO GD STUPID YOU CANNOT FIGURE OUT WHERE THE UNION SECTION IS, YOU SHOULD BE BANNED.
(this is you hot head)
Keep the GD UNION SH*T in the GD UNION SECTION YOU GD DOLTS.
And it has been my goal to quit swearing this year but this constant crap has pushed my buttons.
If Nathan see fit to keep the Union section open (against my wishes) so be it, me I think it soils the site. Being union has NOTHING to do with being an electrician and NOT one discussion in that section has benefited anyone.
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05-25-2009, 05:24 PM
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#17
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Chief Electron Relocator
Join Date: Sep 2007
Location: Cornpatch USA
Posts: 31,310
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I have a 401k. These days, however, it's more like a 201k.
__________________
In winter, why do we try to keep the house as warm as it was in summer when we complained about the heat?
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05-25-2009, 05:50 PM
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#18
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Senior Member
Join Date: Sep 2008
Location: Charlotte, N.C.
Posts: 11,079
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Quote:
Originally Posted by 480sparky
I have a 401k. These days, however, it's more like a 201k. 
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I know thats right.
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05-25-2009, 06:22 PM
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#19
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Senior Member
Join Date: Mar 2007
Location: Leesburg, VA
Posts: 20,465
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Quote:
Originally Posted by sparkyboys
you sure one to talk:
How about NO MORE UNION TOPICS in this section, IF YOU ARE SO GD STUPID YOU CANNOT FIGURE OUT WHERE THE UNION SECTION IS, YOU SHOULD BE BANNED.
(this is you hot head)
Keep the GD UNION SH*T in the GD UNION SECTION YOU GD DOLTS.
And it has been my goal to quit swearing this year but this constant crap has pushed my buttons.
If Nathan see fit to keep the Union section open (against my wishes) so be it, me I think it soils the site. Being union has NOTHING to do with being an electrician and NOT one discussion in that section has benefited anyone.
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Don't show you freaking inability to underrstand a post. MY RANT was about the VERY THING you in your supreme stupidity continually drag in. You are no better that a union poster degrading open shop men. So I lower my self to you level and tell you.
GET REAL.
__________________
Brian John
Leesburg, VA
Last edited by brian john; 05-25-2009 at 07:35 PM.
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05-25-2009, 07:43 PM
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#20
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Senior Member
Join Date: May 2009
Location: Columbus, ga
Posts: 439
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Quote:
Originally Posted by brian john
Don't show you freaking inability to underrstand a post. MY RANT was about the VERY THING you in your supreme stupidity continually drag in. You are no better that a union poster degrading open shop men. So I lower my self to you level and tell you.
GET REAL.
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what ever.
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