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Brown Cafe UPS Forum
UPS Union Issues
Local Union #710
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<blockquote data-quote="Hawfuh Sux" data-source="post: 1311557" data-attributes="member: 48086"><p>The pension funds in the Central and Local 177 are in the Red and they are administered by the Old Guard. As a matter of fact, Local 177 UPSers were forced to divert $.30 of their $.70 yearly raises into their pension fund because their old guard EB informed them it would not survive the next 5 years. So much for blaming reformers.</p><p></p><p>In southern California two Old Guard locals (63 h 952) are operating in negative net flow. Local 804 has over $5 million in net assets. S. Please get your facts straight before you preach your pro Company and pro Hoffa propaganda boot licker.</p></blockquote><p></p>
[QUOTE="Hawfuh Sux, post: 1311557, member: 48086"] The pension funds in the Central and Local 177 are in the Red and they are administered by the Old Guard. As a matter of fact, Local 177 UPSers were forced to divert $.30 of their $.70 yearly raises into their pension fund because their old guard EB informed them it would not survive the next 5 years. So much for blaming reformers. In southern California two Old Guard locals (63 h 952) are operating in negative net flow. Local 804 has over $5 million in net assets. S. Please get your facts straight before you preach your pro Company and pro Hoffa propaganda boot licker. [/QUOTE]
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