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Brown Cafe UPS Forum
UPS Union Issues
CONTRACT settled by the weekend??
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<blockquote data-quote="moreluck" data-source="post: 247376" data-attributes="member: 1246"><p>Here's a portion of it.....</p><p> </p><p><strong>UPS, Teamsters Near Pension Deal </strong></p><p></p><p></p><p><span style="color: #000000"><span style="font-family: 'Arial'">By Corey Dade </span></span></p><p><span style="color: #666666"><span style="font-family: 'Arial'"><em>Word Count: 371 | Companies Featured in This Article: United Parcel Service, General Motors </em></span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'">United Parcel Service Inc. and the Teamsters union are closing in on a labor agreement that would restructure and possibly lower the company's pension obligations.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'">The two sides are trying this weekend to finish hammering out a deal in which the Atlanta package-delivery giant would pull out of the Central States Pension Fund, the largest multiemployer program in the trucking industry. The program, which is underfunded by about 51%, would lose its biggest contributor, but ...</span></span></p><p> <span style="color: #000000"><span style="font-family: 'Arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'">you have to register to read the rest of it.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"></span></span></p></blockquote><p></p>
[QUOTE="moreluck, post: 247376, member: 1246"] Here's a portion of it..... [B]UPS, Teamsters Near Pension Deal [/B] [COLOR=#000000][FONT=Arial]By Corey Dade [/FONT][/COLOR] [COLOR=#666666][FONT=Arial][I]Word Count: 371 | Companies Featured in This Article: United Parcel Service, General Motors [/I][/FONT][/COLOR] [COLOR=#000000][FONT=Arial]United Parcel Service Inc. and the Teamsters union are closing in on a labor agreement that would restructure and possibly lower the company's pension obligations. The two sides are trying this weekend to finish hammering out a deal in which the Atlanta package-delivery giant would pull out of the Central States Pension Fund, the largest multiemployer program in the trucking industry. The program, which is underfunded by about 51%, would lose its biggest contributor, but ... you have to register to read the rest of it. [/FONT][/COLOR] [/QUOTE]
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CONTRACT settled by the weekend??
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