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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="beentheredonethat" data-source="post: 2206134" data-attributes="member: 4886"><p>The promise of the company was to contribute to the pension fund, which UPS did. UPS even paid more to get out of the plan (6.1 Billion). it was also what UPS wanted to get out of during the work stoppage back in the 90's. For the longest time, UPS didn't even have one seat on the pension committee. The union leaders either overpromised, stole or mismanaged that money.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 2206134, member: 4886"] The promise of the company was to contribute to the pension fund, which UPS did. UPS even paid more to get out of the plan (6.1 Billion). it was also what UPS wanted to get out of during the work stoppage back in the 90's. For the longest time, UPS didn't even have one seat on the pension committee. The union leaders either overpromised, stole or mismanaged that money. [/QUOTE]
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Teamsters Applaud Treasury Decision to Deny CSPF Cuts, Protect Retiree Pensions
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