Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Central States going broke---
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Inthegame" data-source="post: 4835948" data-attributes="member: 37112"><p>Hmmm... so what pension board was Fred Z on?</p><p></p><p>He was on the UPS National Negotiating Committee that approved the negotiated request to withdraw. But one vote on a 74 person committee is hardly a "big part."</p><p></p><p>I'm not a fan of Fred Z for other reasons but his role in UPS leaving the CSPF was insignificant.</p><p></p><p>UPS did pay their legal obligation in full with a 6.2 bl infusion of cash to the CSPF which put the plan in Green Zone status (+ 80% funded).</p><p></p><p>Had every other fleeing company paid their withdrawal liability obligation when due instead of manipulating fake bankruptcies, the CSPF wouldn't need any help.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 4835948, member: 37112"] Hmmm... so what pension board was Fred Z on? He was on the UPS National Negotiating Committee that approved the negotiated request to withdraw. But one vote on a 74 person committee is hardly a "big part." I'm not a fan of Fred Z for other reasons but his role in UPS leaving the CSPF was insignificant. UPS did pay their legal obligation in full with a 6.2 bl infusion of cash to the CSPF which put the plan in Green Zone status (+ 80% funded). Had every other fleeing company paid their withdrawal liability obligation when due instead of manipulating fake bankruptcies, the CSPF wouldn't need any help. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Central States going broke---
Top