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Brown Cafe UPS Forum
UPS Retirement Topics
local 804 pension problems
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<blockquote data-quote="satellitedriver" data-source="post: 142775" data-attributes="member: 1664"><p>Carey in 1997 was the cause of the pension problem. Were you around in the strike of 97? Look at what UPS offered and what the strike "WON". The detailed info has been around for almost a decade. The "REAMSTER" union management will only tell that they have only your best interest at heart. While your at it, ask them how you are going to be able to pay for medical coverage after you "retire" on their reduced amount. By the way, the reduction in retirement is 44%. If you want to take control of your pension fund, then save as much as you can and invest it wisely.</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 142775, member: 1664"] Carey in 1997 was the cause of the pension problem. Were you around in the strike of 97? Look at what UPS offered and what the strike "WON". The detailed info has been around for almost a decade. The "REAMSTER" union management will only tell that they have only your best interest at heart. While your at it, ask them how you are going to be able to pay for medical coverage after you "retire" on their reduced amount. By the way, the reduction in retirement is 44%. If you want to take control of your pension fund, then save as much as you can and invest it wisely. [/QUOTE]
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