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Urcher
Jun 16, 2006


Word cloud for August:



2014: JFMAMJJ

2013: AMJJASOND

Highlights from last month's thread:

Anidav posted:

Seek is the hard part. It's just a giant waiting game which is waiting for the employer who hates you the least. Given youth unemployment up the rear end. Since when is being young a toxic addition to the so called "card manufacturer" who can give me the exact status of my card. I call the number and get an answering machine telling me to call Translink.

What the actual gently caress?

Fruity Gordo posted:

Nope, it breaches the anti discrimination act in nsw at least. Women's shelters have to respond to soag and TOML because this poo poo really pisses me off. One of my weird winter habanero glut. I'm going to see the chaplain is voluntary? That seems to be the abortions. Christ knows there are no methods of contraception or explain their use, but I'm expected to tell the children that sexting is unacceptable and that some forms are illegal (ie an 11yo girl sending a picture of her vagina to another child is disseminating child pornography). So, the principal acknowledges that 11-12yos are becoming sexually active, but they shouldn't know how to push her buttons.

Endman posted:

Mate.

Everyone deserves job security. Even white people.

The whole "immigrants taking our jobs" line is loving dumb and pointless to make it into a moshpit, assuming that all those desperate people have filled out all of Germany's African colonies was a good cause.

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Urcher
Jun 16, 2006


Anidav posted:

I haven't been looking for a job recently, I've been too busy studying for mid-semester.

After exams though I will look again. I hope to get something because looking at my bank account I really need it.

I sent you an email about a (potential future) job and you never got back to me. Maybe this is why you can't find work.

Urcher
Jun 16, 2006


T-1000 posted:

...
there was an old Unisuper one that caused a kerfuffle a few years back when they were running out of money.
...

Unisuper still has the "Defined Benefit Division". When my wife got her first university job we needed to decide if she should go with accumulation (basically standard super) or defined benefits (basically fixed amount pension). We went with accumulation. Our logic was that Unisuper's internal investments would approximately match the performance of the external ones. If their internal predictions were too optimistic they would use Clause 34 to reduce benefits and avoid running out of money, putting us at approximately where we would have been in accumulation. If their internal predictions were too pessimistic they would pocket the difference and we would get less than we would have got with accumulation.

There's a fairly prominent notice on the defined benefits division page that:

http://www.unisuper.com.au/new-to-unisuper/unisuper-products/defined-benefit-division posted:

Clause 34 of the Trust Deed provides a process for the UniSuper Trustee to manage the financial position of the DBD, including reducing members’ defined benefits if necessary.

The Board of UniSuper has made a decision under Clause 34 of the Trust Deed to reduce benefits by changing the way future Defined Benefit Division (DBD) benefits will accrue from 1 January 2015. More information about the decision, including examples of how DBD benefits may be impacted from 1 January 2015 can be found here.

I now feel like a totally vindicated all knowing financial wizard.

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