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Brown Cafe UPS Forum
UPS Retirement Topics
Surrending CS Pension?
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<blockquote data-quote="dannyboy" data-source="post: 72688" data-attributes="member: 484"><p>OK</p><p> </p><p>you might have a point that the companies under fund the pension. But if the teamsters know it is under funded, then why do they raise the benefits without covering the costs. </p><p> </p><p>Kinda like many americans, go out and spend to where the payments are 90 grand a year and the total income is 50.</p><p> </p><p>So who is to blame. You say the company. They pay what the teamsters won in the contract. I say the trustees who gambled with your money and lost, and now have no way to pay the pensions. Now how can that be the fault of UPS?</p><p> </p><p>Ah susie my dear, what question would you like answered?, and if I feel like it I will. But if i choose to ignore your rants and ravings because I dont find them intellegent or interesting, I guess that is not my problem but yours. Actually, the description of Ties post is dead on the way I am about your posts.</p><p> </p><p>d</p></blockquote><p></p>
[QUOTE="dannyboy, post: 72688, member: 484"] OK you might have a point that the companies under fund the pension. But if the teamsters know it is under funded, then why do they raise the benefits without covering the costs. Kinda like many americans, go out and spend to where the payments are 90 grand a year and the total income is 50. So who is to blame. You say the company. They pay what the teamsters won in the contract. I say the trustees who gambled with your money and lost, and now have no way to pay the pensions. Now how can that be the fault of UPS? Ah susie my dear, what question would you like answered?, and if I feel like it I will. But if i choose to ignore your rants and ravings because I dont find them intellegent or interesting, I guess that is not my problem but yours. Actually, the description of Ties post is dead on the way I am about your posts. d [/QUOTE]
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