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Brown Cafe UPS Forum
UPS Union Issues
So our pensions are being wiped out .
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<blockquote data-quote="Atomic_Smurf" data-source="post: 1470475" data-attributes="member: 46684"><p>Stealing our earned benefits...No way. Washington wouldn't do that. (ACA)...</p><p></p><p> Said its expected to pass the senate tomorrow.</p><p></p><p>Found this line interesting in the WashPost article...</p><p>"The idea of cutting benefits is reluctantly supported by some unions and retirement fund managers who see it as the only way to salvage pensions in plans that are in imminent danger of running out of money."</p><p></p><p>And then this " The deal is aimed at helping plans such as the Teamsters’ Central States fund."</p><p></p><p></p><p></p><p><a href="http://www.washingtonpost.com/business/economy/congressional-leaders-hammer-out-deal-to-allow-pension-plans-to-cut-retiree-benefits/2014/12/09/4650d420-7ef6-11e4-9f38-95a187e4c1f7_story.html" target="_blank">http://www.washingtonpost.com/business/economy/congressional-leaders-hammer-out-deal-to-allow-pension-plans-to-cut-retiree-benefits/2014/12/09/4650d420-7ef6-11e4-9f38-95a187e4c1f7_story.html</a></p></blockquote><p></p>
[QUOTE="Atomic_Smurf, post: 1470475, member: 46684"] Stealing our earned benefits...No way. Washington wouldn't do that. (ACA)... Said its expected to pass the senate tomorrow. Found this line interesting in the WashPost article... "The idea of cutting benefits is reluctantly supported by some unions and retirement fund managers who see it as the only way to salvage pensions in plans that are in imminent danger of running out of money." And then this " The deal is aimed at helping plans such as the Teamsters’ Central States fund." [url]http://www.washingtonpost.com/business/economy/congressional-leaders-hammer-out-deal-to-allow-pension-plans-to-cut-retiree-benefits/2014/12/09/4650d420-7ef6-11e4-9f38-95a187e4c1f7_story.html[/url] [/QUOTE]
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So our pensions are being wiped out .
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