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Brown Cafe UPS Forum
UPS Union Issues
The Teamster Pension collapses continue.
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<blockquote data-quote="MobileBA" data-source="post: 2130418" data-attributes="member: 19767"><p>You can stay out of my western conference plan. Maybe, you shouldn't have promised more in payout benefits than funds available in your plan. I have gone to many union pension plan meetings and listened to fellow teamster members complain that the fund wasn't leveraged more to provide higher payout benefits. Its been a very conservative investing model that hasn't promised us more than it could payout.</p></blockquote><p></p>
[QUOTE="MobileBA, post: 2130418, member: 19767"] You can stay out of my western conference plan. Maybe, you shouldn't have promised more in payout benefits than funds available in your plan. I have gone to many union pension plan meetings and listened to fellow teamster members complain that the fund wasn't leveraged more to provide higher payout benefits. Its been a very conservative investing model that hasn't promised us more than it could payout. [/QUOTE]
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The Teamster Pension collapses continue.
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