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Brown Cafe UPS Forum
UPS Union Issues
conference call
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<blockquote data-quote="kingOFchester" data-source="post: 1111931" data-attributes="member: 11246"><p>Again we agree. What I have been getting at is that I feel as though the statement made by Hall where he said that UPS showed him paperwork that demonstrates that the company provided healthcare is a liability and if the teamsters took control of the healthcare it would relieve UPS from the liability, is not entirely true. Something is being left out.</p><p></p><p>I imagine that having a monthly bill for healthcare would go on the balance sheet and read as a liability when analyzing the company value.</p><p>Paying a lump sum annually, or whatever, could perhaps avoid the payment from being a liability.</p><p>This could make sense. The part that is probably being a sticking point is the amount of the payout. </p><p></p><p>Again, I am still looking into the issue of liability and company value.</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 1111931, member: 11246"] Again we agree. What I have been getting at is that I feel as though the statement made by Hall where he said that UPS showed him paperwork that demonstrates that the company provided healthcare is a liability and if the teamsters took control of the healthcare it would relieve UPS from the liability, is not entirely true. Something is being left out. I imagine that having a monthly bill for healthcare would go on the balance sheet and read as a liability when analyzing the company value. Paying a lump sum annually, or whatever, could perhaps avoid the payment from being a liability. This could make sense. The part that is probably being a sticking point is the amount of the payout. Again, I am still looking into the issue of liability and company value. [/QUOTE]
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