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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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<blockquote data-quote="upschuck" data-source="post: 1861035" data-attributes="member: 49865"><p>For those who wanted UPS to pay more to shore up your pension, that money would have come from the raise that you would not have gotten to pay for companies retirees that did not pay their share for contributions. That would not have gone over well.</p><p></p><p>If you want to blame anyone, you would have to blame those that negotiated the supplements that allowed for full credit and only paid none to partial monies. No fund can last like that.</p></blockquote><p></p>
[QUOTE="upschuck, post: 1861035, member: 49865"] For those who wanted UPS to pay more to shore up your pension, that money would have come from the raise that you would not have gotten to pay for companies retirees that did not pay their share for contributions. That would not have gone over well. If you want to blame anyone, you would have to blame those that negotiated the supplements that allowed for full credit and only paid none to partial monies. No fund can last like that. [/QUOTE]
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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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