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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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<blockquote data-quote="Booblebrown" data-source="post: 1281485" data-attributes="member: 52205"><p>I agree with part of your math. The only problem Is their is not enough...old money...to pay the current retirees! Plus UPS, doesnt replace retired full timers...or atleast they stall it, as long as possible. So more money going out...and less going in!...jmho[/qu</p><p></p><p>I agree that there are probably not as many of us as there once was but don't forget to take into account every FT employee that quits or get fired before he is vested. All that money stays in the kitty. And all the guys that have died before they collected a dime. If there is more money going out than coming in then that again sounds like a mismanaged fund. We pay people ALOT of money to make good decisions for OUR FUTURE and give them a great deal of money to do so with. It sure isn't right or fair for us to have to play catch up on our time. We shouldn't be in this position.</p></blockquote><p></p>
[QUOTE="Booblebrown, post: 1281485, member: 52205"] I agree with part of your math. The only problem Is their is not enough...old money...to pay the current retirees! Plus UPS, doesnt replace retired full timers...or atleast they stall it, as long as possible. So more money going out...and less going in!...jmho[/qu I agree that there are probably not as many of us as there once was but don't forget to take into account every FT employee that quits or get fired before he is vested. All that money stays in the kitty. And all the guys that have died before they collected a dime. If there is more money going out than coming in then that again sounds like a mismanaged fund. We pay people ALOT of money to make good decisions for OUR FUTURE and give them a great deal of money to do so with. It sure isn't right or fair for us to have to play catch up on our time. We shouldn't be in this position. [/QUOTE]
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Brown Cafe UPS Forum
UPS Union Issues
710 Votes No - 3 to 1 margin
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