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<blockquote data-quote="pretzel_man" data-source="post: 477159" data-attributes="member: 927"><p>I don't know the laws regarding pension plans. I assume UPS can change the pension plan if needed. I don't know if they can terminate it.</p><p> </p><p>I assume UPS can alter other things for management too:</p><p>They can: </p><p>- cut my pay</p><p>- eliminate my vacation</p><p>- eliminate MIP </p><p>- eliminate health care</p><p>- etc.</p><p> </p><p>However...</p><p> </p><p>The current economic conditions are unprecidented. We are in the midst of what will be the longest recession since the great depression.</p><p> </p><p>UPS left the pension as well as the above alone.</p><p> </p><p>BTW, I see the elimination of a pension as something much different than changing the 10% stock discount. Don't you?</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 477159, member: 927"] I don't know the laws regarding pension plans. I assume UPS can change the pension plan if needed. I don't know if they can terminate it. I assume UPS can alter other things for management too: They can: - cut my pay - eliminate my vacation - eliminate MIP - eliminate health care - etc. However... The current economic conditions are unprecidented. We are in the midst of what will be the longest recession since the great depression. UPS left the pension as well as the above alone. BTW, I see the elimination of a pension as something much different than changing the 10% stock discount. Don't you? P-Man [/QUOTE]
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