Posted by Mark - IN. on April 28, 2010 at 18:33:35 from (205.188.116.74):
In Reply to: RR / Union question posted by NCWayne on April 28, 2010 at 08:52:34:
You know? If one is willing to work, and willing to do some dangerous work, and be union, my guess is that you won't find better than the R.R. A few years back, a young punkster aquaintence of mine got himself a job with the Illinois Central R.R, or should I say, his uncle knew someone that got him on. Again, he was a punkster that would never make a white collar worker, and when it comes to organized blue collar, not even the phone company that I work for, or Edison, or NIPSCO (gas and electric) that I have friends working for...touch the R.R. So the punkster comes over, shows me what his retirement plan could or would look like if he had retired the day that he started, after 20 years. Between the R.R. pension, 401K, and 2 others, his monthly retirement would've been astronomical compared to any other blue collar job with the best utility. Knowing the punkster, I told him not to mess it up because he would never land a blue collar job like that again ever in this lifetime. He did it for a couple of years, then failed a drug test or few, lost his job, home, wife, two children, and has come stopped by a few times to knock to borrow gasoline money. The punkster blew it.
You hear about under funded pensions? I don't think you'll hear about that with the R.R. Congress has been trying unsuccessfully forever to get their grubby fingers on the R.R. pension and use and abuse it like Social Security, but somehow have always failed, thankfully. Something actually exists that Congress can't ruin, so I understand.
I also hear that across this country, the fellas working the R.R. are aging across the board and the R.R's are expecting to do a big hire to fill the upcoming retirees.
Its up to you. Good luck in your decision. If I were younger and had to do it all over again, chances are good that a R.R. pension might be in my future, working an often dangerous job that happens to be union.
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