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Brown Cafe UPS Forum
UPS Union Issues
Central States penson fund is ready to go under.
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<blockquote data-quote="18wheelbrownie" data-source="post: 191429" data-attributes="member: 5398"><p>i notice no one has a comment to the H.R. 2830, THE PENSION PROTECTION ACT OF 2005 or the numbers concerning central states has for 02,03,04,05. this is law now. the employees of ups, that are cover under central states will not recieve any benefit increases if we keep the teamsters as our CBA! </p><p> other multi pension plans will fall into this also, if the teamsters take money out of their pension plan and put it into central states.</p></blockquote><p></p>
[QUOTE="18wheelbrownie, post: 191429, member: 5398"] i notice no one has a comment to the H.R. 2830, THE PENSION PROTECTION ACT OF 2005 or the numbers concerning central states has for 02,03,04,05. this is law now. the employees of ups, that are cover under central states will not recieve any benefit increases if we keep the teamsters as our CBA! other multi pension plans will fall into this also, if the teamsters take money out of their pension plan and put it into central states. [/QUOTE]
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Central States penson fund is ready to go under.
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