Re: 16 Anniversay of the UP-SP Merger today!
Author: OPRRMS
Date: 09-14-2012 - 09:59
E Wrote:
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> y Wrote:
> --------------------------------------------------
> -----
> > OTN Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > It is still more desireable to be retired
> from
> > a
> > > cash rich RR than a cash poor one.
> >
> >
> >
> > Well, how is that? RR Board retirement payments
> > have what, exactly to do with poor railroads?
> > Unless part of your retirement involves ongoing
> > stock shareholder payments?
>
>
> Less likely to have spent a lot of time cut off if
> you worked for a wealthy railroad. That affects
> your length of service and your total earnings,
> both of which impact your RRB payout.
As of last Monday, Union Pacific showed 440 T&E employees being on furlough (which may not include employees on Engineer Reserve Boards, since I'm not sure on how UP figures those), up from 330 two weeks prior, but down from 2600+ a year or so ago. Isn't Union Pacific one of the "wealthy" railroads?