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Brown Cafe UPS Forum
UPS Union Issues
Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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<blockquote data-quote="Dracula" data-source="post: 2184508" data-attributes="member: 42691"><p>Wrong, Slim. This is always an easy argument to win, because it is based on simple fact. Pensions are deferred salary. Simple as that. The problem is, companies have the cash to bribe politicians to back away from their obligations. And a pension is supposed to be a contract. To bad the people can't weasel out their obligations the way an LLC can.</p></blockquote><p></p>
[QUOTE="Dracula, post: 2184508, member: 42691"] Wrong, Slim. This is always an easy argument to win, because it is based on simple fact. Pensions are deferred salary. Simple as that. The problem is, companies have the cash to bribe politicians to back away from their obligations. And a pension is supposed to be a contract. To bad the people can't weasel out their obligations the way an LLC can. [/QUOTE]
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Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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