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Brown Cafe UPS Forum
UPS Union Issues
is there any chance of 25 and out at any age next contract?
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<blockquote data-quote="710 steward" data-source="post: 1292924" data-attributes="member: 52299"><p>Exactly. What was the excuse before 2008? This fund has seen nothing but increased contributions by those working under 710's various agreements without a whisper of an increase. When you increase funding without out an increase in monthly benefits it becomes a negative growth fund. There is a great deal wrong with this fund. Just because you think 88% funding is acceptable doesn't mean the people contributing today agree with you. My guess is and I have stated this in an earlier post is that we have former members collecting monthly benefits yest they didn't contribute towards and Pat didn't have the courage to cut benefits because after all he is an elected official and worries about his own mortality more than he worries about what was right.</p></blockquote><p></p>
[QUOTE="710 steward, post: 1292924, member: 52299"] Exactly. What was the excuse before 2008? This fund has seen nothing but increased contributions by those working under 710's various agreements without a whisper of an increase. When you increase funding without out an increase in monthly benefits it becomes a negative growth fund. There is a great deal wrong with this fund. Just because you think 88% funding is acceptable doesn't mean the people contributing today agree with you. My guess is and I have stated this in an earlier post is that we have former members collecting monthly benefits yest they didn't contribute towards and Pat didn't have the courage to cut benefits because after all he is an elected official and worries about his own mortality more than he worries about what was right. [/QUOTE]
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is there any chance of 25 and out at any age next contract?
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