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Brown Cafe UPS Forum
UPS Union Issues
Central States Pension - UPS will not cover difference ?
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<blockquote data-quote="serenity now" data-source="post: 1144732"><p>i read this sentence as a <strong>negative</strong> way of saying: <span style="color: #ff0000">the full amount will be paid.</span></p><p><span style="color: #ff0000"></span></p><p><span style="color: #ff0000"></span></p><p><span style="color: #ff0000"></span>If the benefit paid from the CS Plan is reduced as permitted or required by law, the</p><p>amount of such reduction shall not be included in this offset". </p><p></p><p>*UPS/IBT will offset (cover) benefits accrued from the CS Plan at Normal Retirement Age</p><p>*if benefit from CS plan is reduced the <strong>amount of the reduction</strong> shall not be included in (part of) this offset</p><p></p><p>any <u>real</u> lawyers out there who would like to comment</p></blockquote><p></p>
[QUOTE="serenity now, post: 1144732"] i read this sentence as a [B]negative[/B] way of saying: [COLOR=#ff0000]the full amount will be paid. [/COLOR]If the benefit paid from the CS Plan is reduced as permitted or required by law, the amount of such reduction shall not be included in this offset". *UPS/IBT will offset (cover) benefits accrued from the CS Plan at Normal Retirement Age *if benefit from CS plan is reduced the [B]amount of the reduction[/B] shall not be included in (part of) this offset any [U]real[/U] lawyers out there who would like to comment [/QUOTE]
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Central States Pension - UPS will not cover difference ?
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