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Brown Cafe UPS Forum
UPS Retirement Topics
Is Central States pension fund ready to go under?
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<blockquote data-quote="ups_vette" data-source="post: 192912" data-attributes="member: 2125"><p>I am a retired manager for UPS. My monthly pension is more than sufficent to meet my needs. So, I have no dog in this race, however I do have a question pertaining to APWA.</p><p></p><p>What happens IF APWA is sucessful in de-certifing the IBE. Is the current agreement (contract) with the IBT still in effect? Does UPS still have to honor the agreeded upon wages and benefits? Can UPS begin paying their drivers $10 an hour or the part timers $5.00 an hour since there is no agreement with APWA? I would think that since APWA hasn't negoatied a new agreement, all previous items are void. </p><p></p><p>Just curious.</p></blockquote><p></p>
[QUOTE="ups_vette, post: 192912, member: 2125"] I am a retired manager for UPS. My monthly pension is more than sufficent to meet my needs. So, I have no dog in this race, however I do have a question pertaining to APWA. What happens IF APWA is sucessful in de-certifing the IBE. Is the current agreement (contract) with the IBT still in effect? Does UPS still have to honor the agreeded upon wages and benefits? Can UPS begin paying their drivers $10 an hour or the part timers $5.00 an hour since there is no agreement with APWA? I would think that since APWA hasn't negoatied a new agreement, all previous items are void. Just curious. [/QUOTE]
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Is Central States pension fund ready to go under?
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