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Brown Cafe UPS Forum
UPS Retirement Topics
May 10th Announcement .Pension
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<blockquote data-quote="dumbsup" data-source="post: 194173" data-attributes="member: 7313"><p>Probaly nothing to it. They freeze the pension and raise the match. Big deal. For older workers, it sucks. The only group to benefit is the group with 10 years or less in the company, although I would think that if you have over 20 or 25 they might give you a choice to stay on old pension. Seems there would be a legal issue for the old dead weight to have there pension frozen with 5-10 years to go to retirement..</p></blockquote><p></p>
[QUOTE="dumbsup, post: 194173, member: 7313"] Probaly nothing to it. They freeze the pension and raise the match. Big deal. For older workers, it sucks. The only group to benefit is the group with 10 years or less in the company, although I would think that if you have over 20 or 25 they might give you a choice to stay on old pension. Seems there would be a legal issue for the old dead weight to have there pension frozen with 5-10 years to go to retirement.. [/QUOTE]
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May 10th Announcement .Pension
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