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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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<blockquote data-quote="Dracula" data-source="post: 1869234" data-attributes="member: 42691"><p>Until the next contract. </p><p></p><p>IMO, the chances of UPS sticking to their promise to cover Central States shortfalls is a pipe dream. It doesn't take a genius to see all UPS did was make a promise to get out of the Multi-Employer Pension and to pass a contract. All they did was kick the can down the road to the next contract. They've spun the bottle on the pension obligation, and when this contract is up, you can bet your retirement check that the bottle will be pointing to every one of us.</p><p></p><p>Fund your own retirement like there will be no pension...because there won't be.</p></blockquote><p></p>
[QUOTE="Dracula, post: 1869234, member: 42691"] Until the next contract. IMO, the chances of UPS sticking to their promise to cover Central States shortfalls is a pipe dream. It doesn't take a genius to see all UPS did was make a promise to get out of the Multi-Employer Pension and to pass a contract. All they did was kick the can down the road to the next contract. They've spun the bottle on the pension obligation, and when this contract is up, you can bet your retirement check that the bottle will be pointing to every one of us. Fund your own retirement like there will be no pension...because there won't be. [/QUOTE]
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Central States Pension Reduction Plan Letter announces Cuts - October 2015
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