Central states-what happens when???

[oldngray]

I know - I saw that in the Treasury Dept response letter to the Teamsters and posted it in that thread! The Teamsters apparently interpreted the law wrong with their Tier 1, 2, 3. It looks as though all UPS employees (past and present) should receive the same special status in a recovery plan.

I don't think the Teamsters interpreted it wrong. They knew what it said but tried to get UPS to pay more than they should have.