Everybody's Business, Jeffrey Scharf: Unions may have turned a corner

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 7, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    Everybody's Business, Jeffrey Scharf: Unions may have turned a corner - Santa Cruz Sentinel

    In another positive harbinger for unions, the Teamsters and United Parcel Service have negotiated a new contract. An important feature lets UPS lower its pension costs by allowing it to leave the multiemployer Teamsters fund for a UPS-only fund. Under the old scheme, UPS was effectively making pension contributions for itself and other, less prosperous companies.