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Brown Cafe UPS Forum
UPS Union Issues
Another example of Central States mismanagement
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<blockquote data-quote="tieguy" data-source="post: 230712" data-attributes="member: 1912"><p><span style="color: blue">Really no reason for the multi employer plan to fail. They just reduce your beni's and stretch out your retirement age until the plan become viable. Diversity here was not a good thing. </span></p><p> </p><p><span style="color: #0000ff">I wonder if you get it. your cs folks are now looking at working until they are in their sixties for less money. Meanwhile ups is still trucking money in the front door by the truckloads. wheres it going when it gets inside the CS plan? net assets up to 21 million? wonderfull . wheres the money ups paid for its people to have a good not barely adequate, not less then adequate but good retirement. the money is being paid why are they not getting it?</span></p></blockquote><p></p>
[QUOTE="tieguy, post: 230712, member: 1912"] [COLOR=blue]Really no reason for the multi employer plan to fail. They just reduce your beni's and stretch out your retirement age until the plan become viable. Diversity here was not a good thing. [/COLOR] [COLOR=#0000ff]I wonder if you get it. your cs folks are now looking at working until they are in their sixties for less money. Meanwhile ups is still trucking money in the front door by the truckloads. wheres it going when it gets inside the CS plan? net assets up to 21 million? wonderfull . wheres the money ups paid for its people to have a good not barely adequate, not less then adequate but good retirement. the money is being paid why are they not getting it?[/COLOR] [/QUOTE]
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Another example of Central States mismanagement
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