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Brown Cafe UPS Forum
UPS Union Issues
Central States - Voices for Pension Security - On Topic Please
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<blockquote data-quote="Tony Q" data-source="post: 3493544" data-attributes="member: 70940"><p>Makes me wonder what we can learn from this situation that we could use for the upcoming UPS contract negotiations. Those orphans killed the golden goose in a way. I talk to a lot of old timers drawing from that pension and they don't want to cut it one dime. They want to bleed it dry and not leave any for the guys still paying into it. This logic makes me sick. A guy who retired in 1999 with a 36 thousand a year pension already made 700,000 on his pension. How much do you think those orphan companies put in there?</p></blockquote><p></p>
[QUOTE="Tony Q, post: 3493544, member: 70940"] Makes me wonder what we can learn from this situation that we could use for the upcoming UPS contract negotiations. Those orphans killed the golden goose in a way. I talk to a lot of old timers drawing from that pension and they don't want to cut it one dime. They want to bleed it dry and not leave any for the guys still paying into it. This logic makes me sick. A guy who retired in 1999 with a 36 thousand a year pension already made 700,000 on his pension. How much do you think those orphan companies put in there? [/QUOTE]
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