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Brown Cafe UPS Forum
UPS Union Issues
Are You Getting Tired Of Sacrificing Your Pension Money?
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<blockquote data-quote="705red" data-source="post: 232628" data-attributes="member: 5229"><p>Wyobill, i do not believe that ups has offered to assume our pension at any time. That would cost them alot of dough in order to do it. I dont see the company paying the withdraw liability and on top of it putting on the side extra cash for those who years that upsers have vested in the cs plan. Another uestion is what happens to those that dont have 5 years in cs before this gets signed? Do they lose their 4 plus years, or will ups assume them. I say we just sit back and listen to all the runors, but wait until you see the offer in full detail before making your decison.</p></blockquote><p></p>
[QUOTE="705red, post: 232628, member: 5229"] Wyobill, i do not believe that ups has offered to assume our pension at any time. That would cost them alot of dough in order to do it. I dont see the company paying the withdraw liability and on top of it putting on the side extra cash for those who years that upsers have vested in the cs plan. Another uestion is what happens to those that dont have 5 years in cs before this gets signed? Do they lose their 4 plus years, or will ups assume them. I say we just sit back and listen to all the runors, but wait until you see the offer in full detail before making your decison. [/QUOTE]
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Are You Getting Tired Of Sacrificing Your Pension Money?
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