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Brown Cafe UPS Forum
UPS Union Issues
Negotiations Update (April 19, 2013)
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<blockquote data-quote="sortaisle" data-source="post: 1126170" data-attributes="member: 17605"><p>It is a defined benefit because UPS is still contributing to the fund. Instead of it being in their name, thus on their books, it'll be defined in the contract still as a benefit paid to us through the union. What it does is gives the union that many more thousands of employees to negotiate with when they look for insurance. The drivers have been on a union benefit for as long as I can remember and it's just as defined as the company plan.</p></blockquote><p></p>
[QUOTE="sortaisle, post: 1126170, member: 17605"] It is a defined benefit because UPS is still contributing to the fund. Instead of it being in their name, thus on their books, it'll be defined in the contract still as a benefit paid to us through the union. What it does is gives the union that many more thousands of employees to negotiate with when they look for insurance. The drivers have been on a union benefit for as long as I can remember and it's just as defined as the company plan. [/QUOTE]
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UPS Union Issues
Negotiations Update (April 19, 2013)
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