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UPS Discussions
Pensions cuts
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 756060" data-attributes="member: 12570"><p>My center manager and dispatch sup wasted no time in bringing up the '97 strike. They both suggested that we wouldn't be going through this now if we had allowed UPS to take over our pension. I countered by telling them that our pension was in trouble because we have retirees making more in retirement than when they were working and also because we have at least 5,000 more retirees than actives so there is more money going out the door than coming in. Oh, and that little thing called the Recession didn't help, either.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 756060, member: 12570"] My center manager and dispatch sup wasted no time in bringing up the '97 strike. They both suggested that we wouldn't be going through this now if we had allowed UPS to take over our pension. I countered by telling them that our pension was in trouble because we have retirees making more in retirement than when they were working and also because we have at least 5,000 more retirees than actives so there is more money going out the door than coming in. Oh, and that little thing called the Recession didn't help, either. [/QUOTE]
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