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<blockquote data-quote="Ironshot" data-source="post: 134049" data-attributes="member: 6881"><p><strong>Re:IBT Pension Funds Transfer?</strong></p><p></p><p>First, excellent on bringing the USCA1 Opinion 91-1542 to the disussion.</p><p> As I read this Opinion it would 1). Seem as if the window is open to</p><p>the successful transfer of funds from the IBT Pensions to the APWA Pension.</p><p>2). I would be very curious to know more about the 3rd circuit as to it's ruling history, members of the court, liberal or conservative? While none of these are a accurate predictor of any future rulings, it does give one an idea as to the success ability of one's case. After all there would be a better venue in the midwest. Shopping for a favorable legal venue isn't new. What was the plantifs legal team like? Novice, Some Experience or experts in this area? We all know a favorable ruling in your case boils down to the "money" one can put into the legal team.</p><p>3). As to the possibility of not getting all the funds in UPS's name transferred to the APWA? I again would suggest we could get a sizeable amount to cover employee's nearing retirement at this current time; while still collecting the "Gravy" funds put into the new APWA pension on behalf of the PTers. Just how many Part time employees are there at UPS anyway? Anyone? This is probably why the IBT does not give them much attention. Could it be the IBT wants more part time employees? Or just doesn't push the full time issue for this very reason? Could this be why it is very difficult for part timers to get into full time jobs?</p><p> The APWA has improvements for the Part timer issue. Just ask them! </p><p>Anyway... It is excellent to see the thoughts and ideas flow!</p></blockquote><p></p>
[QUOTE="Ironshot, post: 134049, member: 6881"] [b]Re:IBT Pension Funds Transfer?[/b] First, excellent on bringing the USCA1 Opinion 91-1542 to the disussion. As I read this Opinion it would 1). Seem as if the window is open to the successful transfer of funds from the IBT Pensions to the APWA Pension. 2). I would be very curious to know more about the 3rd circuit as to it's ruling history, members of the court, liberal or conservative? While none of these are a accurate predictor of any future rulings, it does give one an idea as to the success ability of one's case. After all there would be a better venue in the midwest. Shopping for a favorable legal venue isn't new. What was the plantifs legal team like? Novice, Some Experience or experts in this area? We all know a favorable ruling in your case boils down to the "money" one can put into the legal team. 3). As to the possibility of not getting all the funds in UPS's name transferred to the APWA? I again would suggest we could get a sizeable amount to cover employee's nearing retirement at this current time; while still collecting the "Gravy" funds put into the new APWA pension on behalf of the PTers. Just how many Part time employees are there at UPS anyway? Anyone? This is probably why the IBT does not give them much attention. Could it be the IBT wants more part time employees? Or just doesn't push the full time issue for this very reason? Could this be why it is very difficult for part timers to get into full time jobs? The APWA has improvements for the Part timer issue. Just ask them! Anyway... It is excellent to see the thoughts and ideas flow! [/QUOTE]
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