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Brown Cafe UPS Forum
UPS Retirement Topics
Has IBT/CS been a wise steward of our pension?
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<blockquote data-quote="ok2bclever" data-source="post: 52899"><p>sawman, </p><p> </p><p>That sounds great. </p><p> </p><p>In fact too good to be true and you know what they say about such things. </p><p> </p><p>I know that UPS would have to pay huge bucks just to legally withdraw from the fund to meet their current obligations by law. </p><p> </p><p>However, that does not even include such as "transferring" over credit or money to another fund. </p><p> </p><p>If this is possible I would be all for it as long as there were valid protections and guarantees that it was so and would remain so and would be protected from UPS and APWA tinkering without the employees permission.</p></blockquote><p></p>
[QUOTE="ok2bclever, post: 52899"] sawman, That sounds great. In fact too good to be true and you know what they say about such things. I know that UPS would have to pay huge bucks just to legally withdraw from the fund to meet their current obligations by law. However, that does not even include such as "transferring" over credit or money to another fund. If this is possible I would be all for it as long as there were valid protections and guarantees that it was so and would remain so and would be protected from UPS and APWA tinkering without the employees permission. [/QUOTE]
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Has IBT/CS been a wise steward of our pension?
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