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Brown Cafe UPS Forum
UPS Union Issues
My Notice of Teamster/ UPS Pension being gutted has arrived
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<blockquote data-quote="stephenopolus" data-source="post: 841724" data-attributes="member: 35074"><p>It is not entirely separate.</p><p></p><p>It was started as a separate entity and continues to be. However, when you enter into the combo pension area it is connected to your full time pension in so much as: What ever you make from the company pension is subtracted from your full time pension and you get two checks at a certain point (age 65 I believe). </p><p></p><p>So, you are correct to the degree that it has a separate governing body. However, the deals that were brokered when setting up the combo pension make them tied together if you take a full time union job. That is the way the pension reps explained it to me in the meetings we had before that contract was voted on.</p></blockquote><p></p>
[QUOTE="stephenopolus, post: 841724, member: 35074"] It is not entirely separate. It was started as a separate entity and continues to be. However, when you enter into the combo pension area it is connected to your full time pension in so much as: What ever you make from the company pension is subtracted from your full time pension and you get two checks at a certain point (age 65 I believe). So, you are correct to the degree that it has a separate governing body. However, the deals that were brokered when setting up the combo pension make them tied together if you take a full time union job. That is the way the pension reps explained it to me in the meetings we had before that contract was voted on. [/QUOTE]
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My Notice of Teamster/ UPS Pension being gutted has arrived
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