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Brown Cafe UPS Forum
UPS Retirement Topics
Pension in Jeopardy
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<blockquote data-quote="AirJock" data-source="post: 85113" data-attributes="member: 5058"><p>Lets face it. It is no longer the same company we once knew. There's a new breed of people calling the shots now and all bets are off on where this is going to take us. As stated in the news clip large corporations are looking to put the pension burden onto the federal government which is already in deficit.</p><p> </p><p>The "Thrift" plan is gone, the stock went public and the medical has changed so now we pay more. Rumor has it that non union new hires are no longer being offered Medical benefits. Everything is changing.</p><p> </p><p>In order to resolve the "Numbers" issue that Retired requested we need to know exactly what concessions UPS requested Senetor John Boehner to get for them in this new bill. The Pension Reform bill and the corporate concessions with in will hurt the employees in the future..</p></blockquote><p></p>
[QUOTE="AirJock, post: 85113, member: 5058"] Lets face it. It is no longer the same company we once knew. There's a new breed of people calling the shots now and all bets are off on where this is going to take us. As stated in the news clip large corporations are looking to put the pension burden onto the federal government which is already in deficit. The "Thrift" plan is gone, the stock went public and the medical has changed so now we pay more. Rumor has it that non union new hires are no longer being offered Medical benefits. Everything is changing. In order to resolve the "Numbers" issue that Retired requested we need to know exactly what concessions UPS requested Senetor John Boehner to get for them in this new bill. The Pension Reform bill and the corporate concessions with in will hurt the employees in the future.. [/QUOTE]
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