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UPS Union Issues
Central states-what happens when???
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<blockquote data-quote="WhatsUP" data-source="post: 1474327" data-attributes="member: 12139"><p>The way i understand this Pension Bill is that <strong>all</strong> UPS retirees going back to day one of the Central States Plan will be 3rd (Last) in line to take any cuts since UPS payed their witdrawal fees to the plan before they got out.</p><p></p><p>If there are any cuts , UPS retirees that retired under the old plan will have to take the cuts. The people that retire under the Single Employee plan of UPS will not have to take cuts since UPS agreed to make up the difference.</p><p></p><p>Its difficult to understand the language in the bill that passed. I guess we will find out.</p><p></p><p>Read more: <a href="http://www.browncafe.com/community/threads/central-states-what-happens-when.359574/page-4#ixzz3M5qBU8MM" target="_blank">http://www.browncafe.com/community/threads/central-states-what-happens-when.359574/page-4#ixzz3M5qBU8MM</a></p></blockquote><p></p>
[QUOTE="WhatsUP, post: 1474327, member: 12139"] The way i understand this Pension Bill is that [B]all[/B] UPS retirees going back to day one of the Central States Plan will be 3rd (Last) in line to take any cuts since UPS payed their witdrawal fees to the plan before they got out. If there are any cuts , UPS retirees that retired under the old plan will have to take the cuts. The people that retire under the Single Employee plan of UPS will not have to take cuts since UPS agreed to make up the difference. Its difficult to understand the language in the bill that passed. I guess we will find out. Read more: [url]http://www.browncafe.com/community/threads/central-states-what-happens-when.359574/page-4#ixzz3M5qBU8MM[/url] [/QUOTE]
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