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Pension Goals

We WILL do the following for our people that have 30 or more years. UNDERSTAND THAT THE FOLLOWING BENEFITS ARE IN ADDITION TO WHAT YOU WILL GET FROM CENTRAL STATES. Your spouse will enjoy the same benefits that you do for life or until they remarry without ANY additional charges.

1. We will pay a pension of $1,000 a month for life for an additional 5 years of service.

2. We will pay a pension of $2,000 a month for life for an additional 10 years of service.

3. We will have medical insurance for $300 a month per COUPLE.

4. We will let you keep ALL the insurance you had while working simply by paying the same amount that the company was paying on your behalf.

The following is for our people who have 25 or more years of service. You may enjoy the above benefits but IN ADDITION we can offer:

1. We will pay a pension of $3,000 a month for life for an additional 15 years of service.

2. Your pension will start retaining cash value on the 15th year thereby paying your estate at least $200,000 upon you and your spouse's demise.

The following is for our people who have 20 or more years of service. You may enjoy the above benefits of the 25 and 30 years of service people but in addition we can offer the following:

1. You will have a 15 and out at any age with full benefits.

2. You may opt to take up to a $100,000 pay out and still have a pension.

THE FOLLOWING IS FOR NEW HIRES AND UP. You may enjoy ANY of the 20, 25, or 30 year benefit plans but in addition we can offer the following.

1. There will be a 20, 25, 30, 35, and 40 year and out at any age with full benefits.

2. There can be a lump sum pay out up to $300,000 in addition to a pension.

3. There will be a 30 and out at any age for $7,000 a month.

4. There will be a COLA attached to your pension.