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Brown Cafe UPS Forum
UPS Union Issues
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<blockquote data-quote="SimpleUPSer" data-source="post: 270592" data-attributes="member: 10210"><p>All,</p><p>Forgive my ignorance as I ask these questions:</p><p> </p><p>It is mentioned that there are "trustees" that oversee the pension funds. Who are these folks? Are they elected positions? Are they outsiders who assist with the total management of the fund(s) and who do they report to? Are these people compenstated for their advice, counsel or service?</p><p> </p><p>Regardless as to who was at fault, there must have been poor decisions made somewhere along the process for some of the funds to be in the state they are. How is it that some of the pension funds are doing so much better than others?</p><p> </p><p>Trying to understand it better. Thanks.</p></blockquote><p></p>
[QUOTE="SimpleUPSer, post: 270592, member: 10210"] All, Forgive my ignorance as I ask these questions: It is mentioned that there are "trustees" that oversee the pension funds. Who are these folks? Are they elected positions? Are they outsiders who assist with the total management of the fund(s) and who do they report to? Are these people compenstated for their advice, counsel or service? Regardless as to who was at fault, there must have been poor decisions made somewhere along the process for some of the funds to be in the state they are. How is it that some of the pension funds are doing so much better than others? Trying to understand it better. Thanks. [/QUOTE]
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