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Brown Cafe UPS Forum
UPS Union Issues
Negotiations Update (April 19, 2013)
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<blockquote data-quote="stink219" data-source="post: 1125835" data-attributes="member: 29852"><p>Effective upon ratification, full-time and casual employees shall cease to be covered by the UPS Retirement Plan and shall instead be covered by the UPS Pension Plan. The UPS Pension Plan will be amended to cover the employees based on the terms set forth in this subsection. The benefit formula for current and future full-time and casual employees will remain unchanged from the benefit for- mula in effect for the UPS Retirement Plan at the time of ratifica- tion of this Agreement.</p><p>The UPS Pension Plan is governed by the terms of the plan docu- ment and trust agreement, both of which are incorporated herein by reference. Any claims for benefits are subject to resolution solely through the UPS Pension Plan administrative claims process.</p><p>http://www.sec.gov/Archives/edgar/data/1090727/000119312508043891/dex102.htm</p></blockquote><p></p>
[QUOTE="stink219, post: 1125835, member: 29852"] Effective upon ratification, full-time and casual employees shall cease to be covered by the UPS Retirement Plan and shall instead be covered by the UPS Pension Plan. The UPS Pension Plan will be amended to cover the employees based on the terms set forth in this subsection. The benefit formula for current and future full-time and casual employees will remain unchanged from the benefit for- mula in effect for the UPS Retirement Plan at the time of ratifica- tion of this Agreement. The UPS Pension Plan is governed by the terms of the plan docu- ment and trust agreement, both of which are incorporated herein by reference. Any claims for benefits are subject to resolution solely through the UPS Pension Plan administrative claims process. http://www.sec.gov/Archives/edgar/data/1090727/000119312508043891/dex102.htm [/QUOTE]
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Negotiations Update (April 19, 2013)
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