They are blamming it on the stock market. Hope they did not have any UPS stock. In 355 you can retire at age 50 and I will be getting my 1st pension check March 1st. Talk about good timing.
We're addressing that now. No union should be allowed to invest their retirement monies in any company other than other union companies. We're going to get that codified into law eventually.
Then you'll be up S-creek.
That's how unions should die - economically. Well, socially AND economically, but socially they're swirling the bowl and economically they're headed there. We're going to speed it up though. Stay tuned.
Oh - BAD TIMING. You should have retired 20 years ago to boast about "good timing." You'll take a hit. Bet on it. Live with it.