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UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="UPS FREIGHT WORKER" data-source="post: 180116"><p>Your the one who speaks nonsense. The money in the pension is already allocated and can not be touched. Only future $ would go into a new pension fund. So, to state otherwise is not true. I know this blows your pension plan out of the water, but the apwa would never get control over the present cen. states funds. Sorry. All employees would be vested in the cen. states according to service years. The new fund the apwa proposes would start off fresh. The only way to get that money would be to get the ok of UPS and the teamsters pension board. Good Luck! The apwa will never have enough support to do that!</p></blockquote><p></p>
[QUOTE="UPS FREIGHT WORKER, post: 180116"] Your the one who speaks nonsense. The money in the pension is already allocated and can not be touched. Only future $ would go into a new pension fund. So, to state otherwise is not true. I know this blows your pension plan out of the water, but the apwa would never get control over the present cen. states funds. Sorry. All employees would be vested in the cen. states according to service years. The new fund the apwa proposes would start off fresh. The only way to get that money would be to get the ok of UPS and the teamsters pension board. Good Luck! The apwa will never have enough support to do that! [/QUOTE]
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Is Central States pension fund ready to go under?
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